Back to search

Wakefield Acoustics Limited

01508543

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

FLUSH MILLS, HECKMONDWIKE, WF16 0EN
Incorporated 21/07/1980

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Mr Kevin Still

director · Since 01/07/2020

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 2 other boards

Peter Kurt Johansson

director · Since 09/01/2023

SVP, FINANCE AND STRATEGY

AMERICAN · UNITED STATES · Age 62

Also on 2 other boards

Jennifer Leigh Turner

director · Since 09/01/2023

FINANCE

AMERICAN · UNITED STATES · Age 46

Also on 2 other boards

Persons with Significant Control

Arkanum Management Limited

75–100% shares

Unit 17, Flush Mills, Heckmondwike, WF16 0EN

Reg: 05266738 · Companies House · Limited Company

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 03/10/2011Registered 05/10/2011
charge
satisfied

BARCLAYS BANK PLC

Created 14/06/2005Registered 05/07/2005Satisfied 10/09/2014
charge
satisfied

JOHN PRESTON PICKARD AND JANET PICKARD

Created 10/06/2005Registered 21/06/2005Satisfied 07/10/2011
charge
satisfied

YORKSHIRE BANK PLC

Created 31/05/2000Registered 12/06/2000Satisfied 11/04/2006
charge
satisfied

YORKSHIRE BANK PLC

Created 25/01/1999Registered 28/01/1999Satisfied 11/04/2006

CompanyRankvs 2329+ SIC 25110 peers
41

Financial strength0th percentile among SIC peers · 0/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.58× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
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.

Employees15/15 pts

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

Liquidity6/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/07/2022

Net Worth

-£1.5M

Balance sheet strength

Cash

£978

Cash in the bank

Net Current Assets

-£1.9M

Working capital

Current Assets

£2.6M

Current Liabilities

£4.6M

Fixed Assets

£668k

Debtors

£1.8M

51avg. employees+1

Balance Sheet

Assets less current liabilities-£1.3M
Prepared with Sage Accounts Production Advanced 2021 - FRS102_2021

EstimatesDerived

YearCurrent RatioImplied Profit
20220.58-£1.3M
20210.76-£612k
20201.05

Derived from filed accounts. Not audited figures.