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Westward Building Services Limited

00789871

active
ltd
england wales
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

Burraton Road, Saltash, Cornwall, PL12 6LU
Incorporated 29/01/1964

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 20/05/2026

Due 03/06/2027

On track

Industry

46130
Agents involved in the sale of timber and building materials

Officers

Wayne Colin Cox

director · Since 12/01/2005

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 1 other board

Wayne Colin Cox

director · Since 12/01/2005

British · United Kingdom · Age 55

Former

Roger Peter Ludlow

secretary · Resigned 30/04/2002

Roger Peter Ludlow

director · Resigned 30/08/2002

Colin Michael Cox

secretary · Resigned 01/12/2003

Kenneth Henry Baylis

director · Resigned 28/01/2004

Martin Stanley Baylis

director · Resigned 28/01/2004

Lesley Alicia Cox

secretary · Resigned 31/12/2005

Colin Michael Cox

director · Resigned 18/12/2007

Colin Michael Cox

secretary · Resigned 18/12/2007

Samantha Nicola Cox

secretary · Resigned 31/10/2012

Persons with Significant Control

Coxco Holdings Limited

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

Burraton Road, Saltash, PL12 6LU

Reg: 08852752 · United Kingdom · Limited Company

Notified 06/04/2016

Mr Wayne Colin Cox

Significant control

British · England · Age 55

Burraton Road, Saltash, PL12 6LU

Notified 06/04/2016

Mrs Samantha Nicola Cox

Significant control

British · England · Age 55

Burraton Road, Saltash, PL12 6LU

Notified 22/12/2023

Charges0 outstanding

charge
satisfied

LLOYDS TSB BANK PLC

Created 16/05/2002Registered 29/05/2002Satisfied 24/01/2021

Change History

statusactive
2026-08-19

Active

typeltd
2026-08-19

Private Limited Company

address line1Burraton Road
2026-08-19

BURRATON ROAD

post townCornwall
2026-08-19

CORNWALL

officer appointedCOX, Wayne Colin
2026-08-19

CompanyRankvs 33+ SIC 46130 peers
79

Financial strength99th percentile among SIC peers · 25/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.41× · 20/20
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 strength25/25 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

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 director with respect to going con

Key FinancialsYear ending 31/12/2024

Turnover

£57.7M

Annual revenue

Net Worth

£12.7M

Balance sheet strength

Cash

£998k

Cash in the bank

Profit Before Tax

£4.7M

Bottom line earnings

Net Current Assets

£12.4M

Working capital

Current Assets

£17.6M

Current Liabilities

£5.2M

Fixed Assets

£338k

Debtors

£7.0M

Cost of Sales

£47.0M

Gross Profit

£10.8M

Admin Expenses

£2.0M

Operating Profit

£4.6M

Profit After Tax

£3.5M

28avg. employees

Tax at Year End

Corp tax£313k
Dividends paid£3.5M

People Costs

Wages & salaries£683k
NI contributions£97k

Balance Sheet

Assets less current liabilities£12.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20243.41

Derived from filed accounts. Not audited figures.