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Haydon Mechanical & Electrical Limited

00988409

voluntary arrangement
Private Limited Company
Companies House
Health Score
N/A

Details

LAWRENCE HOUSE, NORWICH, NR2 1AD
Incorporated 02/09/1970

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation
43220
Plumbing, heat and air-conditioning installation

Officers

Mr David Ronald Cutler

director · Since 10/10/1991

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 72

Anthony John Percival

director · Since 01/04/2003

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 1 other board

Mr Gary Young

director · Since 01/04/2003

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 1 other board

Mr Roy Michael Terry

director · Since 01/01/2008

COMMERCIAL DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 1 other board

Mr Alan Leonard Keogh

director · Since 01/01/2014

BUSINESS COMPLIANCE

BRITISH · UNITED KINGDOM · Age 58

Also on 2 other boards

Persons with Significant Control

Curzon 3003 Limited

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

City Reach, 5 Greenwich View Place, London, E14 9NN

Reg: 08672465 · Register Of Companies · Limited Company

Notified 30/08/2021

Former PSCs

Mr David Ronald Cutler

Ceased 30/08/2021

Charges1 outstanding

Charge
outstanding

MEARS GROUP PLC

Created 21/11/2013Registered 23/11/2013
charge
satisfied

BARCLAYS BANK PLC (ACTING AS SECURITY TRUSTEE ON BEHALF OF ITSELF AND THE OTHER FINANCE PARTIES

Created 21/04/2008Registered 02/05/2008Satisfied 16/09/2011
charge
satisfied

BARCLAYS BANK PLC

Created 01/09/1999Registered 16/09/1999Satisfied 16/09/2011
charge
satisfied

LLOYDS BANK PLC

Created 29/01/1993Registered 04/02/1993Satisfied 05/08/1999
charge
satisfied

LLOYDS BANK LTD

Created 07/08/1981Registered 12/08/1981Satisfied 05/08/1999
charge
satisfied

LLOYDS BANK LTD

Created 28/06/1978Registered 07/07/1978Satisfied 05/08/1999

CompanyRankvs 15+ SIC 43210 peers
22

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.32× · 12/20
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 strength0/25 pts

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

Employees0/15 pts

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

Liquidity12/20 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

to the current COVID-19 outbreak. As stated in note 2, these events or conditions indicate that a material uncertainty exists that may cast significant doubt on the company’s ability to continue as a going concern. Our opinion is not modified in respect of this matter. Conclusions relating to going concern We have nothing to report in respect of the following matters in relation to which the ISAs

Key FinancialsYear ending 30/06/2019

Turnover

£56.4M

Annual revenue

Net Worth

£3.7M

Balance sheet strength

Cash

£3.4M

Cash in the bank

Profit Before Tax

£1.0M

Bottom line earnings

Net Current Assets

£5.5M

Working capital

Current Assets

£22.3M

Current Liabilities

£16.8M

Fixed Assets

£180k

Debtors

£18.8M

Cost of Sales

£51.6M

Gross Profit

£4.8M

Admin Expenses

£3.4M

Operating Profit

£1.5M

Profit After Tax

£998k

120avg. employees

Tax at Year End

Corp tax£640

People Costs

Wages & salaries£6.0M
NI contributions£690k

Balance Sheet

Intangible assets£9k
Assets less current liabilities£5.6M
Prepared with Digita Accounts Production Advanced 6.24.8820.0

EstimatesDerived

YearCurrent Ratio
20191.32

Derived from filed accounts. Not audited figures.