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Chas. Swann (Walsall) Limited

01489609

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

OLD LANDYWOOD LANE, WOLVERHAMPTON, WV11 2AP
Incorporated 08/04/1980

Compliance

Last accounts

31/03/2025

audited abridged

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 26/01/2026

Due 09/02/2027

On track

Industry

46120
Agents involved in the sale of fuels, ores, metals and industrial chemicals

Officers

Mr Michael Oliver Loughran

secretary · Since 15/11/2023

Also on 12 other boards

Mr Daniel Loughran

director · Since 15/11/2023

COMPANY DIRECTOR

IRISH · NORTHERN IRELAND · Age 47

Also on 10 other boards

Mr Michael Oliver Loughran

director · Since 15/11/2023

COMPANY DIRECTOR

IRISH · NORTHERN IRELAND · Age 50

Also on 12 other boards

Mrs Geraldine Quinn

director · Since 15/11/2023

ACCOUNTANT

IRISH · NORTHERN IRELAND · Age 48

Also on 14 other boards

Ms Laura Loughran

director · Since 20/03/2025

DIRECTOR

IRISH · NORTHERN IRELAND · Age 40

Also on 16 other boards

Persons with Significant Control

Mr Daniel Loughran

25–50% shares

Irish · Northern Ireland · Age 47

Old Landywood Lane, Essington, Wolverhampton, WV11 2AP

Notified 15/11/2023

Mr Michael Oliver Loughran

25–50% shares

Irish · Northern Ireland · Age 50

Old Landywood Lane, Essington, Wolverhampton, WV11 2AP

Notified 15/11/2023

Former PSCs

Mr James Robertson Jeremy Pugh

Ceased 30/01/2018

Chas. B. Pugh (Walsall) Limited

Ceased 15/11/2023

Lcc Asset Holdings Limited

Ceased 15/11/2023

Charges0 outstanding

charge
satisfied

MIDLAND BANK PLC

Created 05/12/1983Registered 09/12/1983Satisfied 07/09/2023
charge
satisfied

MIDLAND BANK PLC

Created 16/09/1980Registered 22/09/1980Satisfied 07/09/2023

CompanyRankvs 686+ SIC 46120 peers
46

Financial strength0th percentile among SIC peers · 0/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.36× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Employees14/15 pts

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

Liquidity2/20 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

-£641k

Balance sheet strength

Cash

£236k

Cash in the bank

Net Current Assets

-£2.2M

Working capital

Current Assets

£1.3M

Current Liabilities

£3.5M

Fixed Assets

£1.6M

Debtors

£186k

8avg. employees+2

Tax at Year End(2023)

Corp tax£34k

Balance Sheet

Assets less current liabilities-£636k
Prepared with Sage Accounts Production 24.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20250.36-£690k
20240.61-£255k
20231.68

Derived from filed accounts. Not audited figures.