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Sneddon And Richardson Limited

00789321

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

57B FRONT STREET, DURHAM, DH1 5DW
Incorporated 24/01/1964

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 22/05/2025

Due 05/06/2026

On track

Industry

43210
Electrical installation

Officers

Henry West Richardson

secretary · Since 31/05/1991

BRITISH · Age 85

Mr Ian Richardson

director · Since 14/08/1992

ELECTRICAL CONTRACTOR

BRITISH · ENGLAND · Age 59

Persons with Significant Control

Mr Ian Richardson

75–100% shares

British · England · Age 59

57b Front Street, Durham, DH1 5DW

Notified 06/04/2016

Charges2 outstanding

charge
satisfied

LLOYDS BANK PLC

Created 23/11/1990Registered 28/11/1990Satisfied 07/04/2020
charge
outstanding

LLOYDS BANK PLC

Created 11/07/1990Registered 16/07/1990
charge
outstanding

LLOYDS BANK PLC

Created 17/08/1967Registered 25/08/1967

CompanyRankvs 11288+ SIC 43210 peers
54

Financial strength42th percentile among SIC peers · 11/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 3.87× · 20/20
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 strength11/25 pts

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

Employees3/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/10/2024

Net Worth

£2k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

£13k

Working capital

Current Assets

£18k

Current Liabilities

£5k

Fixed Assets

£17k

Debtors

£8k

1avg. employees-1

Balance Sheet

Assets less current liabilities£30k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20243.87-£29k
20232.08-£37k
20225.04-£10k
20216.38+£8k
20205.71+£12k
20192.95+£6k
20184.76

Derived from filed accounts. Not audited figures.