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Bailey Trailers Limited

01978152

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

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

Details

PRIDE PARK WAY, SLEAFORD, NG34 8GL
Incorporated 16/01/1986

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28302
28302

Officers

Michelle Chessum

secretary · Since 22/09/2000

British

Michael Tom Bailey

director · Since 01/11/1996

British

Richard Bailey

director · Since 01/01/1996

British

David Robert Hoyes

director

British

Former

Linda Jeannette Bailey

secretary · Resigned 22/09/2000

Barnham Thomas Bailey

director · Resigned 31/12/2025

Michael Tom Bailey

director · Resigned 31/01/1996

CompanyRankvs 105+ SIC 28302 peers
79

Financial strength97th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.95× · 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 strength24/25 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.

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 30/11/2024

Turnover

£21.7M

Annual revenue

Net Worth

£8.7M

Balance sheet strength

Cash

£3.1M

Cash in the bank

Profit Before Tax

£1.0M

Bottom line earnings

Net Current Assets

£5.7M

Working capital

Current Assets

£8.6M

Current Liabilities

£2.9M

Fixed Assets

£3.8M

Debtors

£4.1M

Cost of Sales

£17.9M

Gross Profit

£3.8M

Admin Expenses

£2.5M

Operating Profit

£1.0M

Profit After Tax

£1.1M

91avg. employees-18

Tax at Year End

Dividends paid£200k

Director Loans

Company owes directors£67k
Directors owe company£70k

People Costs

Wages & salaries£4.1M
NI contributions£460k

Balance Sheet

Assets less current liabilities£9.5M
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20242.95+£3.0M
20221.78+£302k
20211.58

Derived from filed accounts. Not audited figures.