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Birchills Automotive (Presswork) Limited

00824746

active
Private Limited Company
Companies House
Health Score
62 / 100

Some Concerns

30/30
Filing
0/30
Financial
32/40
Risk
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

BIRCHILLS HOUSE TRADING ESTATE, WALSALL, WS2 8LF
Incorporated 27/10/1964

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25710
Manufacture of cutlery

Officers

Andrew Wellings

director · Since 10/02/2006

MANAGER

BRITISH · UNITED KINGDOM · Age 60

Also on 3 other boards

Andrew Wellings

secretary · Since 12/01/2007

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 3 other boards

Mrs Elaine Broadhurst

director · Since 30/01/2024

DIRECTOR

BRITISH · ENGLAND · Age 71

Also on 2 other boards

Persons with Significant Control

Mr John Stephen Broadhurst

75–100% shares

British · England · Age 72

Birchills House Trading Estate, Walsall, WS2 8LF

Notified 06/04/2016

Charges4 outstanding

charge
outstanding

LLOYDS BANK LTD

Created 06/10/1981Registered 20/10/1981
charge
outstanding

BARCLAYS BANK LTD

Created 02/11/1972Registered 07/11/1972
charge
outstanding

LLOYDS BANK LTD

Created 19/05/1970Registered 01/06/1970
charge
outstanding

LLOYDS BANK LTD

Created 20/01/1970Registered 28/01/1970

CompanyRankvs 17+ SIC 25710 peers
57

Financial strength91th percentile among SIC peers · 23/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 2.1× · 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 strength23/25 pts

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

Employees4/15 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 28/02/2025

Net Worth

£843k

Balance sheet strength

Cash

£7k

Cash in the bank

Profit Before Tax

-£238k

Bottom line earnings

Net Current Assets

£536k

Working capital

Current Assets

£1.0M

Current Liabilities

£488k

Fixed Assets

£307k

Debtors

£592k

Cost of Sales

£1.7M

Admin Expenses

£538k

Profit After Tax

-£98k

0avg. employees

Tax at Year End

Corp tax£146

Balance Sheet

Assets less current liabilities£843k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.10+£0
20252.10-£148k
20244.10-£232k
20232.57+£12k
20222.19+£16k
20212.36+£18k
20202.35+£28k
20192.51+£21k
20183.39+£14k
20173.71

Derived from filed accounts. Not audited figures.