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Peers Hardy (Uk) Limited

01391526

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

PRECISION HOUSE STARLEY WAY,BIRMINGHAM INTERNATIONAL, SOLIHULL, B37 7GN
Incorporated 28/09/1978

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46480
Wholesale of watches and jewellery

Officers

Mr John Edward Story

director · Since 14/07/1991

DIRECTOR

BRITISH · UNITED KINGDOM · Age 74

Also on 16 other boards

Mr Nicholas Charles Baker

director · Since 01/07/1998

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Paul Valentine Harry

director · Since 24/07/2006

DIRECTOR

BRITISH · ENGLAND · Age 62

Mr David Nicholas Crowe

secretary · Since 29/01/2013

Also on 2 other boards

Mr David Nicholas Crowe

director · Since 29/01/2014

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 59

Also on 2 other boards

Persons with Significant Control

Mr John Edward Story

50–75% shares

British · United Kingdom · Age 74

Precision House, Starley Way,Birmingham International, Solihull, B37 7GN

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 28/12/2023Registered 02/01/2024
charge
satisfied

HSBC BANK PLC

Created 14/11/2011Registered 15/11/2011Satisfied 31/12/2025
charge
outstanding

HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER")

Created 19/07/2011Registered 21/07/2011
charge
outstanding

MIDLAND BANK PLC

Created 26/02/1996Registered 28/02/1996
charge
satisfied

HONG KONG AND SHANGHAI BANKING CORPORATION

Created 27/04/1984Registered 01/05/1984Satisfied 12/07/2011
charge
satisfied

HONG KONG AND SHANGHAI BANKING CORPORATION

Created 27/04/1984Registered 01/05/1984Satisfied 12/07/2011
charge
satisfied

BARCLAYS BANK LTD

Created 10/06/1981Registered 17/06/1981
charge
satisfied

BARCLAYS BANK LTD

Created 27/03/1981Registered 06/04/1981
charge
satisfied

MIDLAND BANK LTD

Created 04/03/1980Registered 11/03/1980

CompanyRankvs 84+ SIC 46480 peers
66

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.87× · 16/20
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 strength25/25 pts

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

Employees15/15 pts

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

Liquidity16/20 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 31/12/2024

Net Worth

£8.1M

Balance sheet strength

Cash

£1.1M

Cash in the bank

Profit Before Tax

£1.6M

Bottom line earnings

Net Current Assets

£7.8M

Working capital

Current Assets

£16.6M

Current Liabilities

£8.9M

Fixed Assets

£647k

Debtors

£10.6M

Cost of Sales

£22.2M

Admin Expenses

£7.9M

Profit After Tax

£1.2M

74avg. employees+3

Tax at Year End

Corp tax£223k
Dividends paid£763k

People Costs

Wages & salaries£5.2M

Balance Sheet

Intangible assets£79k
Bank loans & overdrafts£2.1M
Assets less current liabilities£8.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.87-£830k
20231.95-£12k
20221.81+£323k
20211.74+£1.0M
20202.11

Derived from filed accounts. Not audited figures.