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Armour Home Electronics Limited

01530915

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

WOODSIDE 2 DUNMOW ROAD, BISHOP'S STORTFORD, CM23 5RG
Incorporated 28/11/1980

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27510
Manufacture of electric domestic appliances

Officers

Mr George Leonard Dexter

director · Since 31/10/2003

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 7 other boards

Ms Nicola Ann Spence

director · Since 11/01/2005

ACCOUNTANT

BRITISH · ENGLAND · Age 63

Also on 5 other boards

Nicola Ann Spence

secretary · Since 04/08/2014

BRITISH

Persons with Significant Control

Former PSCs

Mr George Leonard Dexter

Ceased 29/07/2024

Charges3 outstanding

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outstanding

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CompanyRankvs 30+ SIC 27510 peers
61

Financial strength96th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.02× · 12/20
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 strength24/25 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.

Liquidity12/20 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 31/08/2024

Net Worth

£2.9M

Balance sheet strength

Cash

£193k

Cash in the bank

Profit Before Tax

-£716k

Bottom line earnings

Net Current Assets

£171k

Working capital

Current Assets

£7.6M

Current Liabilities

£7.4M

Fixed Assets

£4.3M

Debtors

£3.3M

Profit After Tax

-£521k

40avg. employees

Tax at Year End(2020)

Corp tax£0

People Costs

Wages & salaries£1.8M

Balance Sheet

Intangible assets£3.7M
Bank loans & overdrafts£2.3M
Depreciation£802k
Assets less current liabilities£4.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.02-£521k
20230.98+£108k
20221.07+£85k
20211.20+£1.9M
20201.16+£337k
201936.97

Derived from filed accounts. Not audited figures.