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Loadwise International Limited

01877012

liquidation
Private Limited Company
england wales
Companies House
1 outstanding charge
Insolvency history
Health Score
N/A

Details

TIMOTEX HOUSE, STOURPORT-ON-SEVERN, DY13 9HE
Incorporated 14/01/1985

Compliance

Last accounts

31/03/2023

micro entity

Next accounts due

31/12/2024

Overdue

Confirmation statement

Last: 10/05/2023

Due 24/05/2024

Overdue

Industry

26511
Manufacture of electronic instruments and appliances for measuring, testing, and navigation
27900
Manufacture of other electrical equipment

Officers

Mr Brian Harry Brander Millar

director · Since 28/05/2004

DIRECTOR

BRITISH · ENGLAND · Age 71

Also on 9 other boards

Persons with Significant Control

Mr Brian Harry Brander Millar

Significant control

British · England · Age 71

Timotex House, Lodge Road, Stourport-On-Severn, DY13 9HE

Notified 06/04/2016

Hawkley Group Limited

75–100% shares

Timotex House, Lodge Road, Stourport-On-Severn, DY13 9HE

Reg: 02729352 · Companies House · Limited Liability Company

Notified 27/08/2016

Charges1 outstanding

All assets debenture
outstanding

Lloyds Tsb Commercial Finance Limited

Fixed and floating charges over the undertaking and all property and assets present and future including goodwill bookdebts uncalled capital buildings fixtures fixed plant and machinery. See the mortgage charge document for full details.

All monies due or to become due from the company to the chargee under the terms of the aforementioned instrument creating or evidencing the charge

Created 22/05/2006Registered 02/06/2006
Legal mortgage
fully satisfied

Hsbc Bank PLC

L/H property at unit 10 buckley road industrial estate rochdale lancashire t/n GM258727. With the benefit of all rights licences guarantees rent deposits contracts deeds undertakings and warranties relating. To the property any shares or membership rights in any management company for the property any goodwill of any business from time to time carried on at the property any rental and other money payable under any lease licence or other interest created in respect of the property and all other payments whatever in respect of the property.

All monies due or to become due from the company to the chargee on any account whatsoever

Created 07/01/2003Registered 11/01/2003Satisfied 04/07/2006
Debenture
fully satisfied

Hsbc Bank PLC

Fixed and floating charges over the undertaking and all property and assets present and future including goodwill bookdebts uncalled capital buildings fixtures fixed plant and machinery.

All monies due or to become due from the company to the chargee on any account whatsoever

Created 05/11/2002Registered 12/11/2002Satisfied 04/07/2006
Legal charge
fully satisfied

Barclays Bank PLC

Unit 10 and additional land, buckley road industrial estate, buckley road, rochdale, greater manchester. Title no. Gm 258727.

All monies due or to become due from the company to the chargee on any account whatsoever

Created 23/02/1990Registered 12/03/1990Satisfied 01/04/2004
Legal charge
fully satisfied

Barclays Bank PLC

Unit 8, falcon business park, iveagh road, hogwood industrial estate, finchampstead, berkshire. Title no bk 267862.

All monies due or to become due from the company to the chargee on any account whatsoever

Created 31/10/1988Registered 10/11/1988Satisfied 01/04/2004
Debenture
fully satisfied

Barclays Bank PLC

Fixed and floating charges over the undertaking and all property and assets present and future including goodwill bookdebts uncalled capital buildings fixtures fixed plant and machinery.

All monies due or to become due from the company to the chargee on any account whatsoever

Created 27/10/1988Registered 10/11/1988Satisfied 01/04/2004

Insolvency History1 case

compulsory liquidation17/01/2024

The Official Receiver Or Birmingham (practitioner)

CompanyRankvs 15+ SIC 26511 peers
30

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 2.2× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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

Outstanding charges: -10 pts

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/03/2023

Net Worth

£55k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£45k

Working capital

Current Assets

£83k

Current Liabilities

£38k

Fixed Assets

£10k

3avg. employees-7

Balance Sheet

Assets less current liabilities£55k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20232.20-£234k
2022-£41k
2021Infinity-£3k
20202.71+£22k
20192.68

Derived from filed accounts. Not audited figures.