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151 Products Limited

02149608

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 5 outstanding charges (-10)

Details

THE OLD SCHOOL HOUSE, MANCHESTER, M4 6AF
Incorporated 23/07/1987

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46499
46499

Officers

Mr Steven Martin Shonn

director · Since 25/07/1991

DIRECTOR

BRITISH · ENGLAND · Age 75

Also on 37 other boards

Mr Steven Martin Shonn

secretary · Since 15/09/1995

DIRECTOR

BRITISH · ENGLAND · Age 75

Also on 37 other boards

Mr Richard Lee Shonn

director · Since 13/04/2005

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 7 other boards

Mrs Jennifer Claire Gayle

director · Since 21/12/2018

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 1 other board

Mrs Amanda Louise Lewis

director · Since 21/12/2018

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 2 other boards

Persons with Significant Control

Eurostation Limited

75–100% shares

39, Bengal Street, Manchester, M4 6AF

Reg: 04037712 · England · Limited Company

Notified 06/04/2016

Charges5 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 09/04/2024Registered 10/04/2024
Charge
satisfied

BARCLAYS BANK PLC

Created 04/02/2014Registered 08/02/2014Satisfied 20/11/2024
charge
outstanding

HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER")

Created 13/01/2011Registered 15/01/2011
charge
satisfied

HSBC BANK PLC

Created 09/12/2010Registered 10/12/2010Satisfied 14/04/2026
charge
outstanding

HSBC BANK PLC

Created 21/10/2009Registered 11/11/2009
charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 11/12/2000Registered 13/12/2000
charge
outstanding

HSBC BANK PLC

Created 29/11/2000Registered 02/12/2000
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 10/12/1997Registered 13/12/1997Satisfied 26/01/2001

CompanyRankvs 13+ SIC 46499 peers
70

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.56× · 20/20
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.

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

Outstanding charges: -10 pts

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

Going Concern Doubt

these financial statements, have no reason to believe that a material uncertainty exists that may cast doubt about the ability of the Company to continue as a going concern. Auditor The auditor, Forvis Mazars LLP , will be proposed for reappointment in accordance with section 485 of the Companies Act 2006. This report was approved by the board on 30 May 2025 and signed

Key FinancialsYear ending 31/12/2024

Turnover

£82.4M

Annual revenue

Net Worth

£22.9M

Balance sheet strength

Cash

£5.8M

Cash in the bank

Profit Before Tax

£7.0M

Bottom line earnings

Net Current Assets

£21.2M

Working capital

Current Assets

£29.4M

Current Liabilities

£8.3M

Fixed Assets

£3.6M

Debtors

£15.0M

Cost of Sales

£57.7M

Gross Profit

£24.7M

Admin Expenses

£11.5M

Operating Profit

£7.2M

Profit After Tax

£5.2M

146avg. employees+23

Tax at Year End

Dividends paid-£656k

People Costs

Wages & salaries£6.3M
NI contributions£771k

Balance Sheet

Intangible assets£641k
Bank loans & overdrafts£633k
Assets less current liabilities£24.7M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20243.56+£4.4M
20233.17+£3.7M
20223.27+£306k
20213.33

Derived from filed accounts. Not audited figures.