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Sandwell Carpets Limited

02403368

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

WEST POINT, SECOND FLOOR MUCKLOW OFFICE PARK, HALESOWEN, B62 8DY
Incorporated 12/07/1989

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47530
Retail sale of carpets, rugs, wall and floor coverings in specialised stores

Officers

Mr Alan Lloyd Jenkins

director · Since 03/05/2018

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 1 other board

Persons with Significant Control

Sandwell Carpets & Vinyl Warehouse Ltd

75–100% shares
75–100% votes

Meriden House, 6 Great Cornbow, Halesowen, B63 3AB

Reg: 10855748 · Companies House · Ltd

Notified 20/04/2018

Former PSCs

Mr Roger Martin Edinborough

Ceased 20/04/2018

Mrs Diane Iris Edinborough

Ceased 20/04/2018

Charges3 outstanding

charge
outstanding

MIDLAND BANK PLC

Created 01/11/1996Registered 02/11/1996
charge
outstanding

MIDLAND BANK PLC

Created 29/04/1996Registered 02/05/1996
charge
outstanding

MIDLAND BANK PLC

Created 01/05/1990Registered 03/05/1990

CompanyRankvs 655+ SIC 47530 peers
63

Financial strength87th percentile among SIC peers · 22/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 4.18× · 20/20
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 strength22/25 pts

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

Employees1/15 pts

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

Liquidity20/20 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 30/07/2024

Net Worth

£162k

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

£257k

Working capital

Current Assets

£338k

Current Liabilities

£81k

Fixed Assets

£41k

Debtors

£275k

0avg. employees-2

Balance Sheet

Assets less current liabilities£298k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20244.18-£119k
20235.87+£10k
20228.93+£746
202111.87

Derived from filed accounts. Not audited figures.