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Heap & Partners Limited

00196537

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

CANADA WORKS, BIRKENHEAD, CH41 8FA
Incorporated 19/03/1924

Compliance

Last accounts

31/03/2025

small

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 31/01/2026

Due 14/02/2027

On track

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr David Paul Millar

director · Since 31/01/1992

ENGINEER

BRITISH · UNITED KINGDOM · Age 59

Also on 4 other boards

Mrs Patricia Diane Duffey

director · Since 01/04/2011

FINANCIAL DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Mr Andrew Keith Will

director · Since 01/04/2011

SALES DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Persons with Significant Control

Teal Holdings Limited

75–100% shares

Canada Works, Corporation Road, Birkenhead, CH41 8FA

Reg: 6533861 · England And Wales · Private Limited Company

Notified 15/02/2022

Former PSCs

Mr David Paul Millar

Ceased 15/02/2022

Mrs Patricia Diane Duffey

Ceased 15/02/2022

Mr Andrew Keith Will

Ceased 01/01/2023

Mr Karim Paul Nakhla

Ceased 15/02/2022

Charges2 outstanding

Charge
outstanding

LLOYDS BANK COMMERCIAL FINANCE LTD

Created 19/08/2021Registered 24/08/2021
Charge
satisfied

SIEMENS FINANCIAL SERVICES LTD

Created 11/04/2016Registered 29/04/2016Satisfied 15/12/2022
Charge
satisfied

ALDERMORE INVOICE FINANCE, A DIVISION OF ALDERMORE BANK PLC

Created 29/01/2014Registered 06/02/2014Satisfied 15/06/2021
charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 01/03/2011Registered 03/03/2011
charge
satisfied

RUMNEY-MANOR LIMITED

Created 29/10/2010Registered 06/11/2010Satisfied 06/01/2016
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 04/10/2010Registered 07/10/2010Satisfied 15/11/2010
charge
satisfied

AFM SMALL FIRMS FUND LIMITED AS GENERAL PARTNER OF MERSEYSIDE SPECIAL INVESTMENT (SMALL FIRMS)

Created 17/12/2008Registered 18/12/2008Satisfied 17/12/2013
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 02/07/2003Registered 08/07/2003Satisfied 13/02/2010
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 02/07/2003Registered 04/07/2003Satisfied 13/02/2010
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 02/07/2003Registered 04/07/2003Satisfied 13/02/2010
charge
satisfied

THE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED

Created 06/05/2003Registered 07/05/2003Satisfied 06/01/2016
charge
satisfied

MIDLAND BANK PLC

Created 14/04/1999Registered 22/04/1999Satisfied 13/09/2003
charge
satisfied

MIDLAND BANK PLC

Created 29/08/1989Registered 05/09/1989Satisfied 13/09/2003
charge
satisfied

INVESTORS IN INDUSTRY PLC

Created 09/04/1987Registered 22/04/1987Satisfied 29/04/2003
charge
satisfied

INVESTORS IN INDUSTRY PLC

Created 02/06/1986Registered 04/06/1986Satisfied 29/04/2003
charge
satisfied

INDUSTRIAL AND COMMERCIAL FINANCE CORPORATION LIMITED.

Created 15/11/1982Registered 18/11/1982Satisfied 29/04/2003
charge
satisfied

INDUSTRIAL AND COMMERCIAL FINANCE CORPORATION LIMITED

Created 07/07/1981Registered 15/07/1981Satisfied 29/04/2003
charge
satisfied

INDUSTRIAL AND COMMERCIAL FINANCE CORPORATION LIMITED

Created 07/07/1981Registered 13/07/1981Satisfied 29/04/2003
charge
satisfied

INDUSTRIAL AND COMMERCIAL FINANCE CORPORATON LIMITED

Created 07/07/1981Registered 13/07/1981Satisfied 29/04/2003
charge
satisfied

MIDLAND BANK PLC

Created 06/03/1974Registered 13/03/1974Satisfied 29/04/2003
charge
satisfied

ALAN VINCENT TURNER · J.P. TURNER

Created 23/10/1973Registered 05/11/1973Satisfied 29/04/2003

CompanyRankvs 2380+ SIC 25990 peers
51

Financial strength92th percentile among SIC peers · 23/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.51× · 16/20
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 strength23/25 pts

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

Employees2/15 pts

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

Liquidity16/20 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

Key FinancialsYear ending 31/03/2025

Net Worth

£1.8M

Balance sheet strength

Cash

£225k

Cash in the bank

Profit Before Tax

-£200k

Bottom line earnings

Net Current Assets

£1.7M

Working capital

Current Assets

£4.9M

Current Liabilities

£3.3M

Fixed Assets

£580k

Debtors

£2.7M

Cost of Sales

£5.1M

Admin Expenses

£3.2M

Profit After Tax

-£188k

0avg. employees-39

Tax at Year End

Corp tax£3k
Dividends paid£159k

Balance Sheet

Intangible assets£8k
Assets less current liabilities£2.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.51-£101k
20221.55-£391k
20211.88

Derived from filed accounts. Not audited figures.