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Prospect Coaches (West) Limited

01785956

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)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

81 HIGH ST, STOURBRIDGE, DY9 8NG
Incorporated 25/01/1984

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49319
49319

Officers

Mr Nathan David Hadley

director · Since 22/06/2022

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 1 other board

Mr Jake Ian Hadley

secretary · Since 01/07/2024

Persons with Significant Control

Mr Geoffrey John Watts

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

British · England · Age 94

81 High St, Stourbridge, DY9 8NG

Notified 06/04/2016

Former PSCs

Mrs Roslynd Anita Watts

Ceased 06/04/2016

Charges3 outstanding

Charge
outstanding

BIZCAP LIMITED

Created 22/04/2026Registered 05/05/2026
charge
outstanding

HSBC BANK PLC

Created 24/04/2006Registered 27/04/2006
charge
outstanding

CLEANLAND LIMITED

Created 10/02/2000Registered 15/02/2000

CompanyRankvs 54+ SIC 49319 peers
74

Financial strength94th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.69× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding 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.

Employees14/15 pts

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

Liquidity16/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/08/2024

Net Worth

£1.7M

Balance sheet strength

Cash

£776k

Cash in the bank

Net Current Assets

£591k

Working capital

Current Assets

£1.5M

Current Liabilities

£861k

Fixed Assets

£3.4M

Debtors

£639k

64avg. employees+14

Tax at Year End

Corp tax£39k

Director Loans

Company owes directors£66k
Directors owe company£45k

Balance Sheet

Assets less current liabilities£3.9M
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20241.69+£381k
20231.73+£523k
20220.84+£311k
20210.23-£149k
20200.28-£150k
20190.76

Derived from filed accounts. Not audited figures.