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Shrink 1st Limited

01589536

active
ltd
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

Units 8 & 9 Bridgewater Close, Hawksworth Trading Estate, Swindon, SN2 1ED
Incorporated 06/10/1981

Previously known as

Shrinkfast Limited · until 27/04/2010
Montreed Limited · until 31/12/1981

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 02/01/2026

Due 16/01/2027

On track

Industry

32990
Other manufacturing

Officers

Mr Richard Keith Hatton

director · Since 02/01/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 1 other board

Mr Gavin Jones

director · Since 02/01/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 11 other boards

Richard Keith Hatton

director · Since 02/01/2018

British · England · Age 46

Gavin Jones

director · Since 02/01/2018

British · England · Age 53

Former

Roger Summerfield

secretary · Resigned 02/01/2018

Roger Summerfield

director · Resigned 02/01/2018

Persons with Significant Control

Sg108 Limited

75–100% shares
75–100% votes
Appoint directors

Units 8 &, 9 Bridgewater Close, Swindon, SN2 1ED

Reg: 11084448 · Register Of Companies · Limited Liability Company

Notified 12/04/2018

Former PSCs

Mr Roger Summerfield

Ceased 02/01/2018

Shft Packaging Limited

Ceased 12/04/2018

Charges0 outstanding

Charge
satisfied

FACTOR 21 LTD

Created 08/01/2018Registered 09/01/2018Satisfied 19/04/2021

Change History

statusactive
2026-06-15

Active

typeltd
2026-06-15

Private Limited Company

address line1Units 8 & 9 Bridgewater Close
2026-06-15

UNITS 8 & 9 BRIDGEWATER CLOSE

post townSwindon
2026-06-15

SWINDON

CompanyRankvs 4964+ SIC 32990 peers
65

Financial strength93th percentile among SIC peers · 23/25
Employees82th percentile among SIC peers · 12/15
LiquidityNo balance sheet data · 0/20
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 strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees12/15 pts

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

Liquidity0/20 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 31/12/2024

Net Worth

£1.7M

Balance sheet strength

Cash

£1.1M

Cash in the bank

Net Current Assets

Working capital

Current Assets

Current Liabilities

£959k

Fixed Assets

£116k

Debtors

£1.3M

9avg. employees

Tax at Year End(2023)

Corp tax£121k
Dividends paid£67k
Prepared with Silverfin

EstimatesDerived

YearCurrent RatioImplied Profit
2024+£180k
20232.69

Derived from filed accounts. Not audited figures.