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Foundation Piling Limited

02309833

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

IFTON COLLIERY GLYN MORLAS LANE, OSWESTRY, SY11 3DA
Incorporated 27/10/1988

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43290
Other construction installation

Officers

Mr Mark Francis Keaveny

director · Since 08/05/1992

BUILDER AND COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 77

Also on 8 other boards

Mr John Richard Peterson

director · Since 08/05/1992

CIVIL ENGINEER & CHARTERED ENG

BRITISH · ENGLAND · Age 67

Also on 6 other boards

Mr Stephen John Edmondson

director · Since 01/02/2001

CIVIL ENGINEER

BRITISH · ENGLAND · Age 58

Also on 2 other boards

Mr Tomas Padraig Keaveny

director · Since 18/11/2015

ENGINEER

BRITISH · UNITED KINGDOM · Age 40

Also on 2 other boards

Mr Steven Chadwick

secretary · Since 26/07/2021

Persons with Significant Control

Mr John Richard Peterson

Significant control

British · England · Age 67

Ifton Colliery Glyn Morlas Lane, Oswestry, SY11 3DA

Notified 06/04/2016

Mr Stephen John Edmondson

Significant control

British · England · Age 58

Ifton Colliery Glyn Morlas Lane, Oswestry, SY11 3DA

Notified 06/04/2016

Mr Mark Francis Keaveny

Significant control

British · United Kingdom · Age 77

Ifton Colliery Glyn Morlas Lane, Oswestry, SY11 3DA

Notified 06/04/2016

Mr Tomas Padraig Keaveny

Significant control

British · United Kingdom · Age 40

Ifton Colliery Glyn Morlas Lane, Oswestry, SY11 3DA

Notified 06/04/2016

Foundation Piling (Holdings) Limited

75–100% shares

Ifton Industrial Estate, Glyn Morlas Lane, Oswestry, SY11 3DA

Reg: 2305383 · Uk Companies House · Limited Company

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE BANK AND YORKSHIRE BANK)

Created 02/03/2020Registered 12/03/2020
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 31/03/2005Registered 08/04/2005Satisfied 04/02/2020
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 21/12/2004Registered 24/12/2004Satisfied 03/03/2022
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 20/10/2004Registered 22/10/2004Satisfied 04/02/2020
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 20/10/2004Registered 22/10/2004Satisfied 04/02/2020
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 20/10/2004Registered 22/10/2004Satisfied 04/02/2020
charge
satisfied

BARCLAYS BANK PLC

Created 29/07/2004Registered 31/07/2004Satisfied 22/06/2005
charge
satisfied

BARCLAYS BANK PLC

Created 14/07/1992Registered 28/07/1992Satisfied 22/06/2005
charge
satisfied

BARCLAYS BANK PLC

Created 19/01/1989Registered 26/01/1989Satisfied 22/06/2005

CompanyRankvs 16530+ SIC 43290 peers
66

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.92× · 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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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.

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 when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 30/04/2025

Turnover

£16.4M

Annual revenue

Net Worth

£5.7M

Balance sheet strength

Cash

£21k

Cash in the bank

Profit Before Tax

-£1.2M

Bottom line earnings

Net Current Assets

£3.0M

Working capital

Current Assets

£6.3M

Current Liabilities

£3.3M

Fixed Assets

£4.4M

Debtors

£6.3M

Cost of Sales

£13.3M

Gross Profit

£3.1M

Admin Expenses

£4.3M

Operating Profit

-£1.1M

Profit After Tax

-£929k

90avg. employees

Tax at Year End(2023)

Corp tax£39k

People Costs

Wages & salaries£4.2M
NI contributions£435k

Balance Sheet

Assets less current liabilities£7.5M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20251.92-£929k
20242.32-£303
20232.25+£1.5M
20221.53-£675k
20212.18-£88k
20201.90

Derived from filed accounts. Not audited figures.