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Assembly & Packaging Services Ltd

02379837

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

19-20 BOURNE COURT, WOODFORD GREEN, IG8 8HD
Incorporated 04/05/1989

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr Gavin David Withers

director · Since 18/02/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 11 other boards

Mr Stuart Leslie Ross

director · Since 31/08/2022

DIRECTOR

BRITISH · ENGLAND · Age 71

Also on 18 other boards

Persons with Significant Control

Keswick Fulfilment Services Group Ltd

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

19-20, Bourne Court, Woodford Green, IG8 8HD

Reg: 02925580 · Companies House · Private Company Limited By Shares

Notified 18/02/2020

The Keswick Enterprises Group Limited

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

19-20 Bourne Court, Southend Road, Woodford Green, IG8 8HD

Reg: 05161212 · England & Wales · Limited Company

Notified 30/11/2024

Former PSCs

Mrs Judith Leighton

Ceased 18/02/2020

Mrs Margaret Watson (Deceased)

Ceased 20/01/2017

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 03/06/2020Registered 24/06/2020
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 13/04/2010Registered 22/04/2010Satisfied 16/04/2021
charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 07/04/2010Registered 21/04/2010Satisfied 16/04/2021
charge
satisfied

BARCLAYS BANK PLC

Created 20/06/2003Registered 24/06/2003Satisfied 16/06/2010
charge
satisfied

FIRST NATIONAL INVOICE FINANCE LIMITED

Created 24/01/2002Registered 25/01/2002Satisfied 04/04/2003
charge
satisfied

BARCLAYS BANK PLC

Created 12/12/2001Registered 27/12/2001Satisfied 16/06/2010
charge
satisfied

BARCLAYS BANK PLC

Created 20/10/1998Registered 30/10/1998Satisfied 16/06/2010
charge
satisfied

BARCLAYS BANK PLC

Created 30/04/1993Registered 18/05/1993Satisfied 16/06/2010
charge
satisfied

COUNTY FACTORS LIMITED

Created 15/03/1993Registered 16/03/1993Satisfied 04/04/2003
charge
satisfied

BARCLAYS BANK PLC

Created 07/07/1989Registered 21/07/1989Satisfied 16/06/2010

CompanyRankvs 8529+ SIC 32990 peers
37

Financial strength1th percentile among SIC peers · 0/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.28× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 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.

Liquidity2/20 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 31/12/2023

Net Worth

-£1.4M

Balance sheet strength

Cash

£721

Cash in the bank

Net Current Assets

-£1.9M

Working capital

Current Assets

£726k

Current Liabilities

£2.6M

Fixed Assets

£708k

Debtors

£517k

46avg. employees-45

Tax at Year End(2018)

Corp tax£32k
Dividends paid£30k

Balance Sheet

Assets less current liabilities-£1.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20230.28-£871k
20220.39-£962k
20211.31-£266k
20202.12-£52k
20192.57+£41k
20182.18+£87k
20172.00

Derived from filed accounts. Not audited figures.