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Binns Fencing Limited

00489736

active
Private Limited Company
england wales
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

HARVEST HOUSE, POTTERS BAR, EN6 3JF
Incorporated 22/12/1950

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 05/05/2026

Due 19/05/2027

On track

Industry

43999
Specialised construction activities

Officers

Veronica Parker

secretary · Since 01/01/1997

BRITISH · Age 73

Also on 6 other boards

Mr Adam David Hawthorn Binns

director · Since 01/01/2007

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 4 other boards

Mr Alastair Roy Henman

director · Since 30/04/2015

CHARTERED ENGINEER

BRITISH · WALES · Age 57

Also on 4 other boards

Mr Christopher James Hackett

director · Since 27/09/2021

COMMERCIAL DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 6 other boards

Persons with Significant Control

Hopwoods Holdings Limited

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

C/O Binns Fencing Limited Harvest House, Cranborne Road, Potters Bar, EN6 3JF

Reg: 14945574 · Uk Companies House · Private Limited Company

Notified 11/09/2023

Former PSCs

Mr Alastair Roy Henman

Ceased 11/09/2023

Charges2 outstanding

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outstanding

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LLOYDS BANK PLC

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LLOYDS BANK PLC

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NATIONAL WESTMINSTER BANK PLC

Created 30/04/2015Registered 07/05/2015Satisfied 27/02/2017
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 30/04/2015Registered 07/05/2015Satisfied 27/02/2017
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 27/10/2008Registered 01/11/2008Satisfied 15/04/2015

CompanyRankvs 2220+ SIC 43999 peers
62

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.3× · 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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2220Binns Fencing Limited
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How is this score calculated?
Financial strength25/25 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 co

Key FinancialsYear ending 31/12/2024

Turnover

£16.7M

Annual revenue

Net Worth

£6.0M

Balance sheet strength

Cash

£3.7M

Cash in the bank

Profit Before Tax

£837k

Bottom line earnings

Net Current Assets

£1.8M

Working capital

Current Assets

£7.9M

Current Liabilities

£6.1M

Fixed Assets

£4.6M

Debtors

£3.7M

Cost of Sales

£12.1M

Gross Profit

£4.6M

Admin Expenses

£4.0M

Operating Profit

£725k

Profit After Tax

£598k

53avg. employees+9

Tax at Year End

Dividends paid-£300k

Balance Sheet

Assets less current liabilities£6.4M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.30+£154k
20214.56+£583k
20203.52+£583k
20194.18—

Derived from filed accounts. Not audited figures.