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George Spencer Designs Limited

02011589

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

UNIT 310-311 DESIGN CENTRE EAST, LONDON, SW10 0XF
Incorporated 18/04/1986

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Timothy Peter Walters

director · Since 08/07/2011

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 70

Mr Mark David Ellis Nevill

director · Since 09/04/2019

CHIEF EXECUTIVE

BRITISH · ENGLAND · Age 53

Also on 6 other boards

Mr Jacob Frank Taee

director · Since 03/02/2020

CHIEF FINANCIAL OFFICER

BRITISH · ENGLAND · Age 37

Also on 3 other boards

Persons with Significant Control

The Edward Alexander Group Ltd

75–100% shares

Unit 310-311 Design Centre East, Chelsea Harbour, London, SW10 0XF

Reg: 10990781 · Companies House · Private Company Limited By Shares

Notified 17/12/2018

Former PSCs

Mrs Sally Cullen Metcalfe

Ceased 17/12/2018

Charges2 outstanding

Charge
outstanding

OAKFIELD CAPITAL III LP (AS SECURITY AGENT)

Created 15/07/2022Registered 19/07/2022
Charge
outstanding

COUTTS & COMPANY

Created 18/11/2019Registered 03/12/2019
charge
satisfied

AFFINITY SUTTON HOMES LIMITED

Created 19/02/2013Registered 23/02/2013Satisfied 04/12/2018
charge
satisfied

WILLIAM SUTTON HOUSING ASSOCIATION LIMITED

Created 14/02/2005Registered 18/02/2005Satisfied 04/12/2018
charge
satisfied

WILLIAM SUTTON HOUSING ASSOCIATION LIMITED

Created 21/09/2004Registered 08/10/2004Satisfied 21/12/2018
charge
satisfied

WILLIAM SUTTON HOUSING ASSOCIATION LIMITED

Created 21/09/2004Registered 22/09/2004Satisfied 04/12/2018
charge
satisfied

COUTTS & CO.

Created 26/07/1990Registered 30/07/1990Satisfied 09/05/2017

CompanyRankvs 8577+ SIC 82990 peers
64

Financial strength94th percentile among SIC peers · 24/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.94× · 16/20
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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8577George Spencer Designs Limited
80
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

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

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 the date when the financial statements are authorised for issue. Our responsibilities, and the responsibilities of the directors , with respect

Key FinancialsYear ending 31/03/2024

Net Worth

£658k

Balance sheet strength

Cash

£85k

Cash in the bank

Net Current Assets

£711k

Working capital

Current Assets

£1.5M

Current Liabilities

£756k

Fixed Assets

£42k

Debtors

£575k

Profit After Tax

£104k

6avg. employees

Tax at Year End

Corp tax£8k

Balance Sheet

Bank loans & overdrafts£60k
Assets less current liabilities£753k
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20241.94+£107k
20202.88—

Derived from filed accounts. Not audited figures.