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Euro Equipment Limited

01963645

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

PHOENIX WAY GARNGOCH INDUSTRIAL ESTATE, SWANSEA, SA4 9WF
Incorporated 22/11/1985

Compliance

Last accounts

31/12/2024

full

Next accounts due

29/09/2026

On track

Confirmation statement

Last: 07/06/2025

Due 21/06/2026

On track

Industry

46630
Wholesale of mining, construction and civil engineering machinery

Officers

Mr Michael John Harris

director · Since 30/09/2017

DIRECTOR

BRITISH · WALES · Age 48

Also on 1 other board

Mr Christopher David Holloway

director · Since 30/09/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 1 other board

Persons with Significant Control

Mr Christopher David Holloway

25–50% shares
25–50% votes

British · Wales · Age 46

Unit 4-7 Phoenix Way, Garngoch Industrial Estate, Swansea, SA4 1WF

Notified 27/09/2022

Mr Michael John Harris

25–50% shares
25–50% votes

British · Wales · Age 48

Unit 4-7 Phoenix Way, Garngoch Industrial Estate, Swansea, SA4 1WF

Notified 27/09/2022

The Estate Of Mrs Ivy Florence Holloway

25–50% shares
25–50% votes

British · United Kingdom · Age 84

Wern House, Mount Street, Swansea, SA4 3EL

Notified 27/09/2022

Former PSCs

Mr David Edward Holloway

Ceased 31/08/2019

Mrs Ivy Florence Holloway

Ceased 24/09/2019

Mr David Edward Holloway (Deceased)

Ceased 27/09/2022

Mrs Ivy Florence Holloway

Ceased 05/11/2024

Charges0 outstanding

charge
satisfied

BARCLAYS BANK PLC

Created 28/06/2000Registered 10/07/2000Satisfied 04/12/2023
charge
satisfied

BARCLAYS BANK PLC

Created 28/06/2000Registered 10/07/2000Satisfied 04/12/2023
charge
satisfied

BARCLAYS BANK PLC

Created 28/06/2000Registered 10/07/2000Satisfied 04/12/2023
charge
satisfied

BARCLAYS BANK PLC

Created 28/06/2000Registered 05/07/2000Satisfied 04/12/2023
charge
satisfied

DAVID EDWARD HOLLOWAY AND IVY FLORENCE HOLLOWAY

Created 14/06/1999Registered 22/06/1999Satisfied 10/10/2000
charge
satisfied

DAVID EDWARD HOLLOWAY AND IVY FLORENCE HOLLOWAY

Created 13/04/1999Registered 21/04/1999Satisfied 04/12/2023
charge
satisfied

BARCLAYS BANK PLC

Created 05/12/1988Registered 09/12/1988Satisfied 04/12/2023

CompanyRankvs 15+ SIC 46630 peers
79

Financial strength98th percentile among SIC peers · 25/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.48× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

Employees14/15 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

Going concern doubt: -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

£14.8M

Annual revenue

Net Worth

£5.9M

Balance sheet strength

Cash

£922k

Cash in the bank

Profit Before Tax

£824k

Bottom line earnings

Net Current Assets

£4.5M

Working capital

Current Assets

£7.5M

Current Liabilities

£3.0M

Fixed Assets

£1.9M

Debtors

£1.9M

Cost of Sales

£12.8M

Gross Profit

£2.0M

Admin Expenses

£819k

Operating Profit

£829k

Profit After Tax

£588k

18avg. employees+1

Tax at Year End

Corp tax£152k

People Costs

Wages & salaries£1.1M
NI contributions£118k

Balance Sheet

Assets less current liabilities£6.4M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20242.48+£588k
20232.09+£963k
20222.30+£598k
20211.88+£579k
20202.10+£492k
20192.26+£715k
20181.68+£205k
20172.39

Derived from filed accounts. Not audited figures.