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Northern Wholesale Tools Limited

02220717

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • 6 outstanding charges (-10)

Details

64 STAKEHILL INDUSTRIAL ESTATE, MANCHESTER, M24 2RW
Incorporated 12/02/1988

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade

Officers

Mr Michael Coward

director · Since 31/05/1992

WHOLESALER

BRITISH · ENGLAND · Age 72

Also on 1 other board

Mrs Linda Coward

director · Since 18/06/1999

DIRECTOR

BRITISH · UNITED KINGDOM · Age 66

Kimberley Claire Coward

secretary · Since 04/09/2003

BRITISH · Age 45

Also on 2 other boards

Ashley Michael Coward

director · Since 01/11/2010

SALES DIRECTOR

BRITISH · ENGLAND · Age 38

Kimberley Claire Coward

director · Since 01/11/2010

NONE

BRITISH · ENGLAND · Age 45

Also on 2 other boards

Persons with Significant Control

Northern Wholesale Tools Holdings Limited

75–100% shares
75–100% votes
Appoint directors

Unit 64, Stakehill Industrial Estate, Manchester, M24 2RW

Reg: 14820021 · Companies House · Private Company Limited By Shares

Notified 28/04/2023

Former PSCs

Mr Michael Coward

Ceased 28/04/2023

Charges6 outstanding

Charge
outstanding

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charge
satisfied

RBS INVOICE FINANCE LIMITED

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satisfied

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charge
satisfied

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charge
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BARCLAYS BANK PLC

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CompanyRankvs 1707+ SIC 46900 peers
75

Financial strength95th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.77× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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1707Northern Wholesale Tools Limited
81
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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/04/2025

Net Worth

£1.9M

Balance sheet strength

Cash

£89k

Cash in the bank

Net Current Assets

£1.8M

Working capital

Current Assets

£4.0M

Current Liabilities

£2.3M

Fixed Assets

£216k

Debtors

£1.6M

21avg. employees+1

Balance Sheet

Bank loans & overdrafts£595k
Assets less current liabilities£2.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.77+£16k
20242.66+£175k
20231.92+£47k
20221.76+£441k
20211.99+£665k
20191.38+£72k
20181.27—

Derived from filed accounts. Not audited figures.