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Sth Westco Limited

01322734

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

Details

C/O BDO LLP, 5 TEMPLE SQUARE, LIVERPOOL, L2 5RH
Incorporated 25/07/1977

Compliance

Last accounts

31/12/2023

full

Next accounts due

30/09/2025

Overdue

Confirmation statement

Last: 31/10/2024

Due 14/11/2025

Overdue

Industry

46740
Wholesale of hardware, plumbing and heating equipment and supplies

Officers

Brabners Secretaries Limited

secretary · Since 09/11/2016

BRITISH

Also on 16 other boards

Santiago Garcã�A

director · Since 30/09/2024

DIRECTOR

SPANISH · SPAIN · Age 49

Persons with Significant Control

Sth Westco Holdings Limited

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

C/O Brabners Llp, 100, Barbirolli Square, Manchester, M2 3BD

Reg: 02597032 · Companies House · Private Company Limited By Shares

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 20/05/2024Registered 21/05/2024
Charge
outstanding

BANCO BILBAO VIZCAYA ARGENTARIA, S.A. (AS AGENT)

Created 15/02/2022Registered 22/02/2022
charge
satisfied

LLOYDS TSB BANK PLC

Created 14/07/2011Registered 16/07/2011Satisfied 16/02/2022
charge
satisfied

LLOYDS TSB BANK PLC

Created 03/11/2010Registered 04/11/2010Satisfied 16/02/2022
charge
satisfied

LOMBARD NATWEST DISCOUNTING LIMITED

Created 04/08/1999Registered 11/08/1999Satisfied 15/02/2002
charge
satisfied

LOMBARD NATWEST FACTORS LIMITED

Created 04/08/1999Registered 11/08/1999Satisfied 15/02/2002
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 04/08/1999Registered 11/08/1999Satisfied 15/02/2002
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 17/12/1990Registered 07/01/1991Satisfied 21/05/1999
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 02/10/1990Registered 10/10/1990Satisfied 21/05/1999
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 02/10/1990Registered 10/10/1990Satisfied 21/05/1999
charge
satisfied

BARCLAYS BANK PLC

Created 24/07/1987Registered 03/08/1987Satisfied 15/05/1992
charge
satisfied

BARCLAYS BANK PLC

Created 28/11/1983Registered 02/12/1983Satisfied 15/05/1992

Insolvency History2 cases

in administration

Kerry Bailey (practitioner) · James Bernard Stephen (practitioner)

creditors voluntary liquidation26/09/2025

Kerry Bailey (practitioner) · James Bernard Stephen (practitioner)

CompanyRankvs 15+ SIC 46740 peers
12

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.17× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding 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.

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

Insolvency history: -10 pts

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

Going Concern Doubt

that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations

Key FinancialsYear ending 31/12/2021

Turnover

£30.0M

Annual revenue

Net Worth

£4.5M

Balance sheet strength

Cash

£3.0M

Cash in the bank

Profit Before Tax

-£495k

Bottom line earnings

Net Current Assets

£3.5M

Working capital

Current Assets

£23.7M

Current Liabilities

£20.3M

Fixed Assets

£1.0M

Debtors

£9.1M

Cost of Sales

£24.6M

Gross Profit

£5.4M

Admin Expenses

£6.0M

Operating Profit

-£561k

Profit After Tax

-£383k

76avg. employees

People Costs

Wages & salaries£2.4M
NI contributions£232k

Balance Sheet

Intangible assets£419k
Assets less current liabilities£4.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20211.17

Derived from filed accounts. Not audited figures.