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Saffron Walden Steam Laundry Company Limited

00054073

active
Private Limited Company
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

17 GOLD STREET, ESSEX, CB10 1EN
Incorporated 15/09/1897

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96010
Washing and (dry-)cleaning of textile and fur products

Officers

Mr John Stephen Griffiths

director · Since 11/05/1991

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 74

Also on 2 other boards

Helen Larsen

secretary · Since 22/04/2002

BRITISH · UNITED KINGDOM · Age 71

Also on 2 other boards

Mr Thomas Jack Griffiths

director · Since 16/08/2017

DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 2 other boards

Persons with Significant Control

Swsl Holdings Limited

75–100% shares

13-17, Gold Street, Saffron Walden, CB10 1EN

Reg: 04419059 · Register Of Companies · Private Company Limited By Shares

Notified 06/04/2016

Mr John Stephen Griffiths

Significant control

British · England · Age 74

17 Gold Street, Essex, CB10 1EN

Notified 06/04/2016

Mr Thomas Jack Griffiths

Significant control

British · England · Age 41

17 Gold Street, Essex, CB10 1EN

Notified 16/08/2017

Charges3 outstanding

charge
outstanding

SAFFRON WALDEN STEAM LAUNDRY CO LTD PENSION & ASSURANCE SCHEME

Created 06/01/2012Registered 27/01/2012
charge
outstanding

SAFFRON WALDEN STEAM LAUNDRY CO LTD PENSION & ASSURANCE SCHEME

Created 01/04/2010Registered 20/04/2010
charge
outstanding

LLOYDS BANK PLC

Created 27/03/1998Registered 01/04/1998
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 12/07/1994Registered 18/07/1994Satisfied 23/01/2008

CompanyRankvs 1677+ SIC 96010 peers
41

Financial strength1th percentile among SIC peers · 0/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.63× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees15/15 pts

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

Liquidity6/20 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

-£349k

Balance sheet strength

Cash

£737

Cash in the bank

Net Current Assets

-£143k

Working capital

Current Assets

£243k

Current Liabilities

£386k

Fixed Assets

£192k

Debtors

£219k

44avg. employees

Balance Sheet

Assets less current liabilities£50k
Signed by Mr Stephen Griffiths 15/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.63-£30k
20230.72-£25k
20220.86+£23k
20210.81+£58k
20200.48-£515k
20191.27-£453k
20183.70

Derived from filed accounts. Not audited figures.