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Frank King (Wigan) Limited

01406933

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 6 outstanding charges (-10)

Details

69 QUEEN STREET, WIGAN, WN3 4HX
Incorporated 28/12/1978

Compliance

Last accounts

31/01/2025

medium

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 26/02/2026

Due 12/03/2027

On track

Industry

46320
Wholesale of meat and meat products

Officers

John Hamer

secretary · Since 18/08/1993

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 75

Also on 1 other board

Mr John Hamer

director · Since 18/08/1993

DIRECTOR

BRITISH · UNITED KINGDOM · Age 75

Also on 2 other boards

Mrs Jacqueline Latham

director · Since 04/01/2013

FINANCIAL DIRECTOR

BRITISH · ENGLAND · Age 52

Mr Jonathan Hamer

director · Since 12/03/2018

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 3 other boards

Ms Jane Louise Fitzsimons

director · Since 01/07/2021

HR DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 3 other boards

Persons with Significant Control

Value Meats Limited

75–100% shares
75–100% votes

New Industrial Estate, Princess Street, Wigan, WN3 4HW

Reg: 00433468 · England & Wales · Company

Notified 06/04/2016

Charges6 outstanding

Charge
outstanding

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HSBC BANK PLC

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MIDLAND BANK PLC

Created 09/12/1996Registered 14/12/1996Satisfied 06/01/2001
charge
satisfied

MIDLAND BANK PLC

Created 18/08/1993Registered 28/08/1993Satisfied 06/01/2001
charge
satisfied

MIDLAND BANK PLC

Created 18/08/1993Registered 21/08/1993Satisfied 06/01/2001
charge
satisfied

MIDLAND BANK PLC

Created 18/08/1993Registered 21/08/1993Satisfied 06/01/2001
charge
satisfied

MIDLAND BANK PLC

Created 18/08/1993Registered 21/08/1993Satisfied 06/01/2001
charge
satisfied

MIDLAND BANK PLC

Created 18/08/1993Registered 21/08/1993Satisfied 06/01/2001
charge
satisfied

MIDLAND BANK PLC

Created 26/06/1984Registered 02/07/1984Satisfied 06/01/2001
charge
satisfied

BARCLAYS BANK PLC

Created 15/03/1983Registered 21/03/1983Satisfied 26/08/1993

CompanyRankvs 105+ SIC 46320 peers
70

Financial strength98th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.4× · 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 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.

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 going co

Key FinancialsYear ending 31/01/2025

Turnover

£22.2M

Annual revenue

Net Worth

£4.8M

Balance sheet strength

Cash

£166k

Cash in the bank

Profit Before Tax

£1.7M

Bottom line earnings

Net Current Assets

£3.1M

Working capital

Current Assets

£5.4M

Current Liabilities

£2.2M

Fixed Assets

£3.0M

Debtors

£3.6M

Cost of Sales

£16.0M

Gross Profit

£6.2M

Admin Expenses

£3.8M

Operating Profit

£1.8M

Profit After Tax

£1.2M

154avg. employees-9

Tax at Year End

Corp tax£296k
Dividends paid£408k

People Costs

Wages & salaries£4.4M
NI contributions£396k

Balance Sheet

Bank loans & overdrafts£349k
Interest payable£2k
Assets less current liabilities£6.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.40+£1.5M
20232.24+£272k
20222.08+£457k
20212.76+£355k
20201.75+£450k
20191.62

Derived from filed accounts. Not audited figures.