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J.S. Wright And Sons Limited

00574793

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)
  • 7 outstanding charges (-10)

Details

COLES FARM WORKS BOREHAM ROAD, CHELMSFORD, CM3 1PR
Incorporated 27/11/1956

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

16100
Sawmilling and planing of wood
16290
Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials
46180
Agents specialised in the sale of other particular products

Officers

Mr Nicholas John Wright

director · Since 12/04/1992

WILLOW MERCHANT

BRITISH · UNITED KINGDOM · Age 86

Also on 2 other boards

Mr Jeremy Barton Ruggles

director · Since 24/03/1994

WILLOW MERCHANT

BRITISH · UNITED KINGDOM · Age 58

Also on 9 other boards

Mr Jeremy Barton Ruggles

secretary · Since 01/07/2004

BRITISH · UNITED KINGDOM · Age 58

Also on 9 other boards

Mr Oliver Charles Wright

director · Since 15/04/2008

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 2 other boards

Persons with Significant Control

Jsw Holdings Limited

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

Coles Farm Works, Boreham Road, Chelmsford, CM3 1PR

Reg: 01657925 · Companies House · Limited

Notified 16/07/2018

Former PSCs

Mr Jeremy Barton Ruggles

Ceased 16/07/2018

Mr Nicholas John Wright

Ceased 16/07/2018

Charges7 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 13/05/2011Registered 14/05/2011
charge
outstanding

BARCLAYS BANK PLC

Created 21/05/2010Registered 05/06/2010
charge
outstanding

BARCLAYS BANK PLC

Created 21/04/2010Registered 22/04/2010
charge
outstanding

BARCLAYS BANK PLC

Created 24/05/2006Registered 25/05/2006
charge
satisfied

NORWICH AND PETERBOROUGH BUILDING SOCIETY

Created 23/08/2005Registered 26/08/2005Satisfied 07/05/2010
charge
outstanding

BARCLAYS BANK PLC

Created 26/05/2005Registered 27/05/2005
charge
outstanding

BARCLAYS BANK PLC

Created 30/03/1983Registered 11/04/1983
charge
outstanding

BARCLAYS BANK PLC

Created 09/10/1975Registered 14/10/1975

CompanyRankvs 11+ SIC 16100 peers
68

Financial strength95th percentile among SIC peers · 24/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.01× · 20/20
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.

Employees14/15 pts

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

Liquidity20/20 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 31/12/2024

Net Worth

£6.3M

Balance sheet strength

Cash

£588k

Cash in the bank

Profit Before Tax

£2.9M

Bottom line earnings

Net Current Assets

£6.4M

Working capital

Current Assets

£9.6M

Current Liabilities

£3.2M

Fixed Assets

£750k

Debtors

£2.6M

Cost of Sales

£12.0M

Admin Expenses

£1.9M

Profit After Tax

£2.4M

40avg. employees+5

Tax at Year End

Corp tax£221k
Dividends paid£678k

Director Loans(2020)

Company owes directors£378k

People Costs

Wages & salaries£1.8M

Balance Sheet

Bank loans & overdrafts£421k
Assets less current liabilities£7.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20243.01+£662k
20233.54+£1.1M
20223.58+£1.5M
20213.25+£147k
20202.55

Derived from filed accounts. Not audited figures.