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Underwood And Company Limited

00046450

active
Private Limited Company
england wales
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

THE STEEL CENTRE, WORCESTER, WR4 9FA
Incorporated 02/01/1896

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

29/09/2026

On track

Confirmation statement

Last: 22/12/2025

Due 05/01/2027

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Mark Cridlan Underwood

director · Since 01/12/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 2 other boards

Andrew William Underwood

director · Since 07/01/2023

MANAGEMENT CONSULTANT

BRITISH · UNITED KINGDOM · Age 57

Dennis John Mcdonald

secretary · Since 01/02/2024

William Underwood

director · Since 01/08/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 30

Persons with Significant Control

Mr Mark Cridlan Underwood

Significant control

British · United Kingdom · Age 63

The Steel Centre, Wainwright Road, Worcester, WR4 9FA

Notified 06/04/2016

Mr Richard Frederick Underwood

Significant control

British · England · Age 65

The Steel Centre, Wainwright Road, Worcester, WR4 9FA

Notified 06/04/2016

Former PSCs

Mr David Peter Underwood

Ceased 29/05/2021

Charges4 outstanding

charge
outstanding

HSBC BANK PLC

Created 04/12/2007Registered 21/12/2007
charge
outstanding

HSBC BANK PLC

Created 18/12/2007Registered 21/12/2007
charge
satisfied

HSBC INVOICE FINANCE (UK) LTD

Created 08/12/1999Registered 10/12/1999Satisfied 01/11/2010
charge
outstanding

MIDLAND BANK PLC

Created 05/02/1999Registered 10/02/1999
charge
satisfied

MIDLAND BANK PLC

Created 30/09/1994Registered 20/10/1994Satisfied 01/11/2010
charge
satisfied

MIDLAND BANK PLC

Created 14/11/1988Registered 17/11/1988Satisfied 01/11/2010
charge
satisfied

MIDLAND BANK LTD

Created 19/11/1987Registered 30/11/1987Satisfied 01/11/2010
charge
satisfied

MIDLAND BANK PLC

Created 19/11/1987Registered 30/11/1987Satisfied 10/03/1990
charge
satisfied

MIDLAND BANK PLC

Created 26/06/1984Registered 02/07/1984Satisfied 10/03/1990
charge
satisfied

MIDLAND BANK PLC

Created 14/03/1984Registered 21/03/1984Satisfied 10/03/1990
charge
outstanding

MIDLAND BANK PLC

Created 14/03/1984Registered 20/03/1984
charge
satisfied

MIDLAND BANK PLC

Created 02/08/1983Registered 08/08/1983Satisfied 01/11/2010
charge
satisfied

MIDLAND BANK PLC

Created 02/08/1983Registered 08/08/1983Satisfied 02/06/1989
charge
satisfied

MIDLAND BANK PLC

Created 02/08/1983Registered 08/08/1983Satisfied 10/03/1990
charge
satisfied

MIDLAND BANK PLC

Created 02/04/1982Registered 08/04/1982Satisfied 10/03/1990
charge
satisfied

MIDLAND BANK PLC

Created 20/10/1980Registered 24/10/1980Satisfied 10/03/1990
charge
satisfied

MIDLAND BANK PLC

Created 20/10/1980Registered 24/10/1980Satisfied 10/03/1990
charge
satisfied

MIDLAND BANK LTD

Created 05/12/1978Registered 13/12/1978Satisfied 01/11/2010
charge
satisfied

MIDLAND BANK LTD

Created 25/06/1976Registered 05/07/1976Satisfied 01/11/2010

CompanyRankvs 29501+ SIC 68209 peers
60

Financial strength97th percentile among SIC peers · 24/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.43× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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29501Underwood And Company Limited
70
How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£2.9M

Balance sheet strength

Cash

£163k

Cash in the bank

Net Current Assets

-£529k

Working capital

Current Assets

£398k

Current Liabilities

£927k

Fixed Assets

£4.8M

Debtors

£235k

3avg. employees+1

Balance Sheet

Bank loans & overdrafts£1.3M
Assets less current liabilities£4.3M
Signed by 00046450 2024-01-01 2024-12-31 00046450 2024-12-31 00046450 core:CapitalRedemptionReserve 2024-12-31 00046450 core:OtherPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.43-£105k
20230.61+£95k
20220.61+£245k
20210.44+£271k
20200.27+£84k
20190.22+£33k
20180.14+£610k
20170.13—

Derived from filed accounts. Not audited figures.