South Wales Specials Limited
00301743
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Previously known as
Compliance
Last accounts
31/12/2024
micro entity
Next accounts due
30/09/2026
Confirmation statement
Last: 08/12/2025
Due 22/12/2026
Industry
Officers
Former
director · Resigned 22/07/1994
director · Resigned 31/08/2005
director · Resigned 31/05/2013
director · Resigned 31/05/2013
Persons with Significant Control
Mrs Jacqueline Mary Racey
British · Wales · Age 71
Howard & Palmer Building, Castell Close, Llansamlet, SA7 9FH
Notified 30/11/2018
Mr Christopher Stephen Racey
British · Wales · Age 68
Howard & Palmer Building, Castell Close, Llansamlet, SA7 9FH
Notified 01/05/2025
Former PSCs
Howard & Palmer Limited
Ceased 30/11/2018
Charges0 outstanding
BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
Change History
Active
Private Limited Company
HOWARD & PALMER BUILDING CASTELL CLOSE
LLANSAMLET
CompanyRankvs 245+ SIC 21200 peers49
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
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
-£359k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£365k
Working capital
Current Assets
£374k
Current Liabilities
£739k
Fixed Assets
£6k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.51 | -£68k |
| 2023 | 0.60 | -£49k |
| 2022 | 0.66 | -£492 |
| 2021 | 0.66 | +£57k |
| 2020 | 0.57 | +£94k |
| 2019 | 0.28 | +£376k |
| 2018 | -0.37 | -£3.4M |
| 2017 | 2.49 | — |
Derived from filed accounts. Not audited figures.