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Somerlap Forest Products Ltd.

01599346

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

WELLS ROAD, HIGBRIDGE, TA9 4NR
Incorporated 23/11/1981

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Steven Fraser

director · Since 01/01/1992

PRODUCTION DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Mr Kevin Andrew Bond

director · Since 31/01/1992

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 1 other board

Mrs Wendy Bond

director · Since 22/03/2017

HR DIRECTOR

BRITISH · UNITED KINGDOM · Age 67

Also on 1 other board

Marcia Kelly Jones

director · Since 03/05/2017

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 50

Persons with Significant Control

Somerlap Trustee Limited

ownership-of-shares-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-trust
right-to-appoint-and-remove-directors-as-trust

Somerlap, Wells Road, Highbridge, TA9 4NR

Reg: 14525763 · Companies House · Limited Company

Notified 14/03/2023

Former PSCs

Mr Kevin Andrew Bond

Ceased 14/03/2023

Wendy Bond

Ceased 14/03/2023

Charges2 outstanding

charge
outstanding

LLOYDS TSB BANK PLC

Created 30/05/2003Registered 31/05/2003
charge
outstanding

LLOYDS TSB BANK PLC

Created 07/04/2003Registered 09/04/2003
charge
satisfied

BARCLAYS BANK PLC

Created 06/05/1998Registered 12/05/1998Satisfied 20/02/2004
charge
satisfied

BARCLAYS BANK PLC

Created 25/03/1998Registered 07/04/1998Satisfied 20/02/2004
charge
satisfied

BARCLAYS BANK PLC

Created 25/03/1998Registered 07/04/1998Satisfied 20/02/2004
charge
satisfied

ALEX. LAWRIE RECEIVABLES FINANCING LIMITED("THE BUYERS")

Created 03/06/1992Registered 05/06/1992Satisfied 29/07/1998
charge
satisfied

LLOYDS BANK PLC

Created 28/05/1991Registered 12/06/1991Satisfied 13/05/1998
charge
satisfied

LLOYDS BOWMAKER LIMITED

Created 04/06/1991Registered 05/06/1991Satisfied 04/04/1998
charge
satisfied

LLOYDS BANK PLC

Created 24/05/1991Registered 05/06/1991Satisfied 13/05/1998
charge
satisfied

LLOYDS BOWMAKER LIMITED

Created 18/04/1990Registered 19/04/1990Satisfied 04/04/1998
charge
satisfied

LLOYDS BANK PLC

Created 06/08/1985Registered 09/08/1985Satisfied 13/05/1998

CompanyRankvs 150+ SIC 32990 peers
69

Financial strength97th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.22× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
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90
8H. Jarvis Ltd
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9Tricogen Laboratories Limited
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10Silent Gliss Limited
90
150Somerlap Forest Products Ltd.
89
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.

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

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 original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect t

Key FinancialsYear ending 30/04/2025

Turnover

£8.9M

Annual revenue

Net Worth

£3.9M

Balance sheet strength

Cash

£1.7M

Cash in the bank

Profit Before Tax

£870k

Bottom line earnings

Net Current Assets

£2.5M

Working capital

Current Assets

£4.6M

Current Liabilities

£2.1M

Fixed Assets

£1.7M

Debtors

£1.5M

Cost of Sales

£4.8M

Gross Profit

£4.1M

Admin Expenses

£3.3M

Profit After Tax

£646k

53avg. employees+3

Tax at Year End

Dividends paid-£1.2M

People Costs

Wages & salaries£1.9M
NI contributions£173k

Balance Sheet

Assets less current liabilities£4.2M
Signed by Class 1Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20252.22-£593k
20242.47-£1.9M
20233.81+£588k
20222.61+£957k
20212.65+£776k
20202.67—

Derived from filed accounts. Not audited figures.