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Sandusky Limited

00737075

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

(BSN ASSOCIATES) 3B SWALLOWFIELD COURTYARD, OLDBURY, B69 2JG
Incorporated 04/10/1962

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

24520
Casting of steel
24540
Casting of other non-ferrous metals

Officers

Mr Ernest James Kubick

director · Since 25/09/2019

PRESIDENT

AMERICAN · UNITED STATES · Age 59

Also on 1 other board

Mr David Smith

director · Since 25/09/2019

EXECUTIVE MANAGEMENT

AMERICAN · UNITED STATES · Age 63

Mrs Karen Lynn Loritz

director · Since 09/09/2021

CFO/DIRECTOR/ASSISTANT SECRETARY

AMERICAN · UNITED STATES · Age 53

Also on 1 other board

Christine Varnes

secretary · Since 27/12/2024

Persons with Significant Control

Metaltek International (Uk) Limited

75–100% shares
75–100% votes

6th Floor (Knights Plc), St. Peters Square, Manchester, M2 3AA

Reg: 06604156 · Companies House · Limited Company

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 11/06/2007Registered 13/06/2007Satisfied 11/05/2024
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 08/03/2006Registered 11/03/2006Satisfied 07/10/2010
charge
satisfied

CLYDESDALE BANK PUBLIC LIMITED COMPANY

Created 06/07/1992Registered 09/07/1992Satisfied 11/04/2006
charge
satisfied

CLYDESDALE BANK LIMITED

Created 08/01/1964Registered 16/01/1964Satisfied 25/08/1993

CompanyRankvs 41+ SIC 24520 peers
62

Financial strength86th percentile among SIC peers · 22/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.59× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength22/25 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.

Liquidity6/20 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

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations

Key FinancialsYear ending 30/06/2023

Turnover

£3.8M

Annual revenue

Net Worth

£1.2M

Balance sheet strength

Cash

£67k

Cash in the bank

Profit Before Tax

£1.8M

Bottom line earnings

Net Current Assets

-£812k

Working capital

Current Assets

£1.2M

Current Liabilities

£2.0M

Fixed Assets

£1.3M

Debtors

£1.1M

Cost of Sales

£3.8M

Gross Profit

-£25k

Admin Expenses

£789k

Operating Profit

£2.3M

Profit After Tax

£1.9M

37avg. employees-17

People Costs

Wages & salaries£898k
NI contributions£114k

Balance Sheet

Assets less current liabilities£460k
Prepared with Sage Accounts Production Advanced 2021 - FRS102_2021

EstimatesDerived

YearCurrent RatioImplied Profit
20230.59+£2.8M
20221.79+£835k
20212.04+£674k
20202.90

Derived from filed accounts. Not audited figures.