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The Wilkinson Corporation Limited

01451522

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

SHIELD DRIVE SHIELD DRIVE, WARDLEY INDUSTRIAL ESTATE, MANCHESTER, M28 2WD
Incorporated 01/10/1979

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46690
Wholesale of other machinery and equipment

Officers

Elaine Margaret Wilkinson

director · Since 01/09/1992

COMPANY SECRETARY

BRITISH · UNITED KINGDOM · Age 79

Also on 11 other boards

Mr John Arthur Wilkinson O B E

director · Since 01/09/1992

DIRECTOR

BRITISH · UNITED KINGDOM · Age 81

Also on 14 other boards

Mrs Tina Wilkinson-Bell

secretary · Since 27/11/2019

Persons with Significant Control

Mr John Arthur Wilkinson

50–75% shares

British · United Kingdom · Age 81

Shield Drive, Shield Drive, Wardley Industrial Estate, Manchester, M28 2WD

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

HSBC BANK PLC

Created 22/09/2016Registered 23/09/2016
Charge
satisfied

MAVEN CAPITAL PARTNERS UK LLP

Created 13/11/2013Registered 19/11/2013Satisfied 14/12/2016
charge
satisfied

THE NORTH WEST FUND FOR BUSINESS LOANS LP

Created 04/05/2011Registered 06/05/2011Satisfied 19/05/2015
charge
outstanding

TRUSTEES FOR WILKINSON CORPORATION LIMITED SAPF

Created 30/03/2010Registered 07/04/2010
charge
satisfied

HSBC BANK PLC

Created 20/04/2004Registered 22/04/2004Satisfied 26/03/2010
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 17/03/1994Registered 24/03/1994Satisfied 23/03/2010

CompanyRankvs 189+ SIC 46690 peers
65

Financial strength99th percentile among SIC peers · 25/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 7.09× · 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.

Employees10/15 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

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent 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 30/11/2024

Net Worth

£6.7M

Balance sheet strength

Cash

£2.1M

Cash in the bank

Profit Before Tax

£1.1M

Bottom line earnings

Net Current Assets

£1.4M

Working capital

Current Assets

£1.6M

Current Liabilities

£223k

Fixed Assets

£20k

Debtors

£493k

Cost of Sales

£17.0M

Admin Expenses

£6.2M

Profit After Tax

£779k

3avg. employees

Tax at Year End

Corp tax£315k

People Costs

Wages & salaries£3.7M

Balance Sheet

Intangible assets-£7.4M
Bank loans & overdrafts£361k
Assets less current liabilities£1.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20247.09+£6.6M
20238.14+£0
20224.23+£0
20200.04

Derived from filed accounts. Not audited figures.