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Banks Refrigeration Services Limited

01670358

active
Private Limited Company
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)
  • Negative net worth (-10)

Details

ODYSSEY WORKS, GRIMSBY, DN31 3AE
Incorporated 07/10/1982

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 08/08/2025

Due 22/08/2026

On track

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

Peter Banks

director · Since 06/08/1991

REFRIGERATION ENGINEER

BRITISH · UNITED KINGDOM · Age 70

Also on 2 other boards

Persons with Significant Control

Peter Banks

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

British · United Kingdom · Age 70

Rear Of 381, Cleethorpe Road, Grimsby, DN31 3AW

Notified 06/04/2016

CompanyRankvs 25376+ SIC 43220 peers
45

Financial strength3th percentile among SIC peers · 1/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.77× · 6/20
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 strength1/25 pts

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

Employees8/15 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.

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

Key FinancialsYear ending 31/10/2024

Net Worth

-£32k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£25k

Working capital

Current Assets

£90k

Current Liabilities

£117k

Fixed Assets

£447

2avg. employees+1

Balance Sheet

Assets less current liabilities-£25k
Signed by Mr Peter Banks 24 July 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.77+£21k
20230.81+£51k
20220.45+£32k
20210.15-£11k
20200.19-£10k
20190.19-£31k
20180.32

Derived from filed accounts. Not audited figures.