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Appleby Westward Group Limited

01791158

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

. MOORLANDS TRADING ESTATE, SALTASH, PL12 6LX
Incorporated 13/02/1984

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46390
Non-specialised wholesale of food, beverages and tobacco

Officers

Mr Michael Alan Boardman

director · Since 22/09/2014

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 4 other boards

Ms Jennifer Kane

secretary · Since 03/05/2018

Mr Joseph Gerard Keohane

director · Since 21/05/2020

COMPANY DIRECTOR

IRISH · ENGLAND · Age 58

Also on 3 other boards

Mr Aidan Keane

director · Since 12/01/2021

COMPANY DIRECTOR

IRISH · IRELAND · Age 60

Mr John Moane

director · Since 02/01/2025

COMPANY DIRECTOR

IRISH · IRELAND · Age 61

Also on 1 other board

Persons with Significant Control

Triode Acquisitions Uk Limited

75–100% shares

C/O Appleby Westward, Forge Lane, Saltash, PL12 6LX

Reg: 5899894 · Companies House, Cardiff · Limited Company

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND AS SECURITY TRUSTEE FOR THE SECURED PARTIES (SE

Created 05/04/2018Registered 11/04/2018
Charge
outstanding

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND AS SECURITY TRUSTEE FOR THE SECURED PARTIES (SE

Created 05/04/2018Registered 11/04/2018
Charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND AS SECURITY TRUSTEE FOR THE SECURED PARTIES (SE

Created 30/11/2016Registered 02/12/2016Satisfied 10/04/2018
Charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND AS SECURITY TRUSTEE FOR THE SECURED PARTIES (SE

Created 24/06/2015Registered 01/07/2015Satisfied 10/04/2018
Charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND AS SECURITY TRUSTEE FOR THE SECURED PARTIES (SE

Created 24/06/2015Registered 01/07/2015Satisfied 10/04/2018
Charge
satisfied

THE GOVERNOR & COMPANY OF THE BANK OF IRELAND (IN ITS CAPACITY AS SECURITY AGENT)

Created 20/11/2013Registered 04/12/2013Satisfied 30/06/2015
charge
satisfied

ALLIED IRISH BANKS, P.L.C. (IN ITS CAPACITY AS SECURITY AGENT FOR THE BENEFICIARIES)

Created 12/04/2012Registered 26/04/2012Satisfied 04/12/2013
charge
satisfied

ALLIED IRISH BANKS, P.L.C. AS SECURITY AGENT

Created 31/05/2010Registered 10/06/2010Satisfied 04/12/2013
charge
satisfied

ALLIED IRISH BANKS P.L.C. (IN ITS CAPACITY AS SECURITY AGENT FOR THE BENEFICIARIES

Created 17/10/2006Registered 02/11/2006Satisfied 30/06/2015
charge
satisfied

AIB CAPITAL MARKETS PLC,AS SECURITY AGENT

Created 23/08/2002Registered 04/09/2002Satisfied 30/10/2006
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 21/02/1997Registered 28/02/1997Satisfied 14/03/1998
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 30/11/1987Registered 15/12/1987Satisfied 14/03/1998
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 30/11/1987Registered 09/12/1987Satisfied 14/03/1998
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 10/03/1986Registered 19/03/1986Satisfied 14/03/1998
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 29/08/1984Registered 18/09/1984
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 29/08/1984Registered 18/09/1984Satisfied 14/03/1998
charge
satisfied

COUNTY BANK LIMITED.

Created 29/08/1984Registered 03/09/1984

CompanyRankvs 171+ SIC 46390 peers
62

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.12× · 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

financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over its ability to continue as a going concern for at least a year from the date of approval of the financial statements (“the going concern period”). In our evaluation of the directors' conclusions, we considered the inherent risks to the Com

Key FinancialsYear ending 30/09/2024

Turnover

£181.8M

Annual revenue

Net Worth

£21.2M

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

-£16.1M

Bottom line earnings

Net Current Assets

Working capital

Current Assets

£34.6M

Current Liabilities

£31.0M

Fixed Assets

£22.4M

Debtors

£374k

Cost of Sales

£162.7M

Gross Profit

£19.0M

Admin Expenses

£22.1M

Operating Profit

-£15.2M

Profit After Tax

-£15.1M

224avg. employees+3

Tax at Year End

VAT£1.8M

People Costs

Wages & salaries£6.2M
NI contributions£705k

Balance Sheet

Bank loans & overdrafts£4.3M
Assets less current liabilities£26.0M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.12-£15.1M£36.0M
20231.68-£280k£46.7M
20221.55+£1.6M
20212.36+£2.7M£25.0M
20201.24£47.4M

Derived from filed accounts. Not audited figures.