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Addwell Business Equipment Limited

02392341

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

82 BRENTWOOD ROAD, RM1 2EL
Incorporated 06/06/1989

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Jamie Clowes

director · Since 09/06/2008

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 1 other board

Mr Bradley James Miles

director · Since 04/02/2016

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 34

Also on 1 other board

Mr Matthew Robert Miles

director · Since 04/02/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 4 other boards

Persons with Significant Control

Mr Matthew Robert Miles

Significant control

British · England · Age 36

82 Brentwood Road, RM1 2EL

Notified 12/12/2017

Mr Bradley James Miles

Significant control

British · United Kingdom · Age 34

82 Brentwood Road, RM1 2EL

Notified 12/12/2017

Addwell Holdings Limited

75–100% shares
75–100% votes

82, Brentwood Road, Romford, RM1 2EL

Reg: 15512415 · Register Of Companies · Limited Company

Notified 22/02/2024

Former PSCs

Mr Michael Alan Miles

Ceased 12/12/2017

Mrs Anne Miles

Ceased 12/12/2017

CompanyRankvs 35071+ SIC 82990 peers
71

Financial strength85th percentile among SIC peers · 21/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.75× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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35071Addwell Business Equipment Limited
67
How is this score calculated?
Financial strength21/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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.

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

Key FinancialsYear ending 31/05/2025

Net Worth

£116k

Balance sheet strength

Cash

£195k

Cash in the bank

Net Current Assets

-£78k

Working capital

Current Assets

£237k

Current Liabilities

£315k

Fixed Assets

£301k

Debtors

£37k

9avg. employees

Tax at Year End

Corp tax£57k

Balance Sheet

Assets less current liabilities£223k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.75-£93k
20241.77-£18k
20232.17—

Derived from filed accounts. Not audited figures.