Bulk Minerals Limited
02210184
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 22/04/1996
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 86
Also on 7 other boards
director · Since 22/04/1996
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 82
Also on 6 other boards
director · Since 16/03/1998
HAULAGE CONTRACTOR
BRITISH · ENGLAND · Age 56
Also on 17 other boards
secretary · Since 20/05/1999
BRITISH · UNITED KINGDOM · Age 54
Also on 11 other boards
director · Since 14/03/2012
ACCOUNTANT
BRITISH · ENGLAND · Age 54
Also on 11 other boards
Persons with Significant Control
Fred Sherwood Group Ltd
47, Ashby Road, Loughborough, LE12 9BS
Reg: 6417707 · England · Ltd Company
Notified 18/03/2019
Former PSCs
Fred Sherwood & Sons (Transport) Ltd
Ceased 18/03/2019
Charges1 outstanding
MIDLAND BANK PLC
CompanyRankvs 400+ SIC 46900 peers68
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/03/2024
Turnover
£22.3M
Annual revenue
Net Worth
£9.1M
Balance sheet strength
Cash
—
Cash in the bank
Profit Before Tax
£2.2M
Bottom line earnings
Net Current Assets
£9.0M
Working capital
Current Assets
£12.2M
Current Liabilities
£3.2M
Fixed Assets
£79k
Debtors
£8.8M
Cost of Sales
£19.7M
Gross Profit
£2.5M
Admin Expenses
£363k
Operating Profit
£2.2M
Profit After Tax
£1.6M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.82 | +£1.6M |
| 2023 | 2.35 | +£2.3M |
| 2022 | 1.69 | — |
Derived from filed accounts. Not audited figures.