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John Salmon (Cannock) Limited

00595762

active
Private Limited Company
england wales
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

71 OLD PENKRIDGE ROAD, CANNOCK, WS11 1HY
Incorporated 20/12/1957

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 31/12/2025

Due 14/01/2027

On track

Industry

47799
Retail sale of second-hand goods in stores

Officers

Mrs Judith Marion Salmon

secretary · Since 31/12/1991

BRITISH · UNITED KINGDOM · Age 81

Also on 5 other boards

Mr John Philip Salmon

director · Since 31/12/1991

DIRECTOR

BRITISH · UNITED KINGDOM · Age 82

Also on 1 other board

Matthew James Salmon

director · Since 21/04/1998

ANTIQUES DEALER

BRITISH · UNITED KINGDOM · Age 54

Persons with Significant Control

Mr John Philip Salmon

50–75% shares
50–75% votes

British · United Kingdom · Age 82

Unit 19 Anglesey Business Centre, Littleworth Road, Hednesford, WS12 1NR

Notified 06/04/2016

Charges3 outstanding

charge
outstanding

LLOYDS BANK PLC

Created 07/08/1998Registered 08/08/1998
charge
outstanding

LLOYDS BANK PLC

Created 03/07/1998Registered 09/07/1998
charge
outstanding

LLOYDS BANK PLC

Created 12/04/1995Registered 18/04/1995

CompanyRankvs 848+ SIC 47799 peers
47

Financial strength80th percentile among SIC peers · 20/25
Employees34th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.33× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength20/25 pts

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

Employees5/15 pts

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

Liquidity2/20 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

Outstanding charges: -10 pts

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

£52k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£55k

Working capital

Current Assets

£27k

Current Liabilities

£83k

Fixed Assets

£108k

Debtors

£2k

1avg. employees

Tax at Year End(2021)

Corp tax£0
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.33-£16k
20230.46-£11k
20220.62+£480
20210.64-£12k
20200.99+£4k
20190.93+£11k
20180.78

Derived from filed accounts. Not audited figures.