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Wheeler'S (Westbury) Limited

01682288

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

31D LINK ROAD, WESTBURY, BA13 4JB
Incorporated 29/11/1982

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation
43220
Plumbing, heat and air-conditioning installation
80200
Security systems service activities

Officers

Mr Darren Keith Honeywell

director · Since 10/08/2018

MECHANICAL DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 2 other boards

Mr Jason Reggie Skuse

director · Since 01/10/2025

ACCOUNTANT

BRITISH · ENGLAND · Age 49

Also on 4 other boards

Mr Zak Andrew Paradise

director · Since 11/11/2025

DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 2 other boards

Persons with Significant Control

Wheeler's (Westbury) Holdings Limited

75–100% shares

31d, Link Road, Westbury, BA13 4JB

Reg: 07194850 · England & Wales · Private Limited Company

Notified 31/03/2017

Former PSCs

Mr Ronald Albert Norris

Ceased 31/03/2017

Mr Kieron Borgeat

Ceased 31/03/2017

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 19/09/2025Registered 23/09/2025
Charge
satisfied

KIERON BORGEAT

Created 20/06/2022Registered 23/06/2022Satisfied 19/12/2025
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 28/10/2010Registered 13/11/2010
charge
satisfied

RONALD NORRIS

Created 23/03/2010Registered 07/04/2010Satisfied 14/02/2022
charge
satisfied

BARCLAYS BANK PLC

Created 02/08/1999Registered 09/08/1999Satisfied 20/03/2010
charge
satisfied

MIDLAND BANK PLC

Created 21/12/1993Registered 23/12/1993Satisfied 04/03/2010
charge
satisfied

MIDLAND BANK PLC

Created 13/09/1989Registered 15/09/1989Satisfied 04/03/2010
charge
satisfied

MIDLAND BANK PLC

Created 09/06/1983Registered 16/06/1983Satisfied 04/03/2010

CompanyRankvs 1794+ SIC 43210 peers
62

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.15× · 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 strength25/25 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 going co

Key FinancialsYear ending 31/12/2024

Turnover

£19.0M

Annual revenue

Net Worth

£1.6M

Balance sheet strength

Cash

£1.5M

Cash in the bank

Profit Before Tax

£746k

Bottom line earnings

Net Current Assets

£1.2M

Working capital

Current Assets

£9.3M

Current Liabilities

£8.1M

Fixed Assets

£794k

Debtors

£7.2M

Cost of Sales

£14.2M

Gross Profit

£4.8M

Admin Expenses

£4.0M

Operating Profit

£774k

Profit After Tax

£554k

117avg. employees

Tax at Year End

Corp tax£143k

People Costs

Wages & salaries£4.9M
NI contributions£501k

Balance Sheet

Bank loans & overdrafts£90k
Assets less current liabilities£2.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.15+£198k
20231.24+£156k
20221.30

Derived from filed accounts. Not audited figures.