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Altis Industries Limited

01279737

in administration
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

CHATSWORTH HOUSE 39, WORTHING, BN11 1LY
Incorporated 01/10/1976

Compliance

Last accounts

31/03/2024

total exemption full

Next accounts due

31/12/2025

Overdue

Confirmation statement

Last: 30/04/2024

Due 14/05/2025

Overdue

Industry

46620
Wholesale of machine tools
47789
Other retail sale of new goods in specialised stores

Officers

Charles James Kemp

director · Since 30/04/1992

DIRECTOR

BRITISH · UNITED KINGDOM · Age 81

Also on 1 other board

Oliver James Kemp

director · Since 31/05/2012

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 1 other board

Persons with Significant Control

Oliver James Kemp

75–100% shares

British · United Kingdom · Age 48

Chatsworth House 39, Chatsworth Road, Worthing, BN11 1LY

Notified 30/04/2017

Charges1 outstanding

Charge
outstanding

HSBC INVOICE FINANCE (UK) LIMITED

Created 25/02/2019Registered 25/02/2019
Charge
satisfied

HSBC BANK PLC

Created 23/03/2018Registered 26/03/2018Satisfied 25/02/2026
Charge
satisfied

HSBC BANK PLC

Created 22/02/2018Registered 09/03/2018Satisfied 25/02/2026

Insolvency History1 case

in administration

Kenneth William Touhey (practitioner)

CompanyRankvs 15+ SIC 46620 peers
16

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.51× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -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.

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

Outstanding charges: -10 pts

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/03/2024

Net Worth

£274k

Balance sheet strength

Cash

£43k

Cash in the bank

Net Current Assets

-£328k

Working capital

Current Assets

£338k

Current Liabilities

£666k

Fixed Assets

£956k

Debtors

£111k

26avg. employees

Balance Sheet

Bank loans & overdrafts£256k
Assets less current liabilities£628k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20240.51

Derived from filed accounts. Not audited figures.