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Ash & Lacy Building Systems Limited

00149058

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
20/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 10 outstanding charges (-10)

Details

ASH & LACY HOUSE, SMETHWICK, B66 2RL
Incorporated 05/12/1917

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 01/06/2026

Due 15/06/2027

On track

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Mr Andrew David Waterhouse

director · Since 01/01/1999

DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 11 other boards

Mr Jonathan Leslie Evans

director · Since 22/07/2011

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 4 other boards

Mr Yisheng Tian

director · Since 14/10/2015

TECHNICAL DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 18 other boards

Mrs Harley Amber Bowers-Smith

director · Since 01/12/2022

ROOFING DIRECTOR

WELSH · WALES · Age 31

Also on 1 other board

Mr David Bruce Nock

director · Since 01/12/2022

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 7 other boards

Miss Laurie Helena Evans

director · Since 01/10/2025

DIRECTOR

BRITISH · ENGLAND · Age 25

Also on 1 other board

Persons with Significant Control

Ash & Lacy Building Systems Holdings Limited

75–100% shares
75–100% votes
Appoint directors

Ash And Lacy House, Bromford Lane, West Bromwich, B70 7JJ

Reg: 13552939 · Companies House · Private Company Limited By Shares

Notified 31/12/2021

Former PSCs

Dr Jonathan Leslie Evans

Ceased 31/12/2021

Ash & Lacy Group Limited

Ceased 31/12/2021

Charges10 outstanding

Charge
outstanding

ASH & LACY GROUP LIMITED (AS SECURITY TRUSTEE)

Created 01/09/2025Registered 09/09/2025
Charge
outstanding

ASH & LACY BUILDING SYSTEMS HOLDINGS LIMITED

Created 31/10/2024Registered 08/11/2024
Charge
outstanding

HSBC UK BANK PLC

Created 29/12/2023Registered 02/01/2024
Charge
satisfied

ASH & LACY GROUP LIMITED

Created 20/12/2022Registered 22/12/2022Satisfied 08/09/2025
Charge
outstanding

HSBC EQUIPMENT FINANCE (UK) LTD

Created 10/02/2022Registered 10/02/2022
Charge
outstanding

HSBC EQUIPMENT FINANCE (UK) LTD

Created 22/12/2021Registered 23/12/2021
Charge
satisfied

HSBC EQUIPMENT FINANCE (UK) LTD · HSBC ASSET FINANCE (UK) LTD

Created 25/01/2017Registered 25/01/2017Satisfied 12/09/2017
Charge
outstanding

HSBC ASSET FINANCE (UK) LTD · HSBC EQUIPMENT FINANCE (UK) LTD

Created 12/05/2016Registered 12/05/2016
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 27/04/2016Registered 27/04/2016
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 27/04/2016Registered 27/04/2016
Charge
satisfied

HSBC BANK PLC

Created 04/03/2016Registered 07/03/2016Satisfied 31/12/2025
Charge
outstanding

HSBC BANK PLC

Created 25/03/2015Registered 25/03/2015
Charge
satisfied

HSBC BANK PLC

Created 01/09/2014Registered 01/09/2014Satisfied 12/09/2017
Charge
outstanding

HSBC BANK PLC

Created 01/09/2014Registered 01/09/2014
Charge
satisfied

BARCLAYS BANK PLC

Created 17/03/2014Registered 20/03/2014Satisfied 02/12/2015
Charge
satisfied

CLOSE BROTHERS LIMITED (THE "SECURITY TRUSTEE")

Created 31/07/2013Registered 05/08/2013Satisfied 14/04/2016
charge
satisfied

BARCLAYS BANK PLC

Created 28/06/2012Registered 03/07/2012Satisfied 02/12/2015
charge
satisfied

JONATHAN EVANS

Created 22/07/2011Registered 06/08/2011Satisfied 15/12/2021
charge
satisfied

LEUMI ABL LIMITED

Created 22/07/2011Registered 29/07/2011Satisfied 26/10/2013
charge
satisfied

LLOYDS TSB BANK PLC

Created 06/09/2007Registered 11/09/2007Satisfied 16/07/2011
charge
satisfied

BARCLAYS BANK PLC (THE SECURITY TRUSTEE)

Created 12/09/2003Registered 29/09/2003Satisfied 20/07/2007
charge
satisfied

BARCLAYS BANK PLC (THE "SECURITY AGENT") AS AGENT AND TRUSTEE FOR THEFINANCE PARTIES (AS DEFINE

Created 14/09/2001Registered 24/09/2001Satisfied 27/02/2004
charge
satisfied

MINISTER OF TECHNOLOGY

Created 19/08/1970Registered 25/08/1970Satisfied 05/03/1992
charge
satisfied

WESLEYAN & GENRAL ASSURANCE

Created 06/04/1967Registered 19/04/1967Satisfied 02/07/2008

CompanyRankvs 362+ SIC 25110 peers
61

Financial strength96th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.16× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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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.

Employees15/15 pts

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

Liquidity12/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 31/12/2022

Turnover

£41.3M

Annual revenue

Net Worth

£3.5M

Balance sheet strength

Cash

£120k

Cash in the bank

Profit Before Tax

£2.3M

Bottom line earnings

Net Current Assets

£2.2M

Working capital

Current Assets

£16.1M

Current Liabilities

£13.8M

Fixed Assets

£1.7M

Debtors

£9.4M

Cost of Sales

£28.9M

Gross Profit

£12.4M

Admin Expenses

£6.4M

Operating Profit

£2.6M

Profit After Tax

£2.0M

125avg. employees

Tax at Year End

Corp tax£246k
Dividends paid£195k

People Costs

Wages & salaries£3.4M
NI contributions£307k

Balance Sheet

Intangible assets£195k
Assets less current liabilities£3.9M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20221.16

Derived from filed accounts. Not audited figures.