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Henshaw Inflatables Limited

02506266

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

FLEMING COURT LEIGH ROAD, SOUTHAMPTON, SO50 9PD
Incorporated 29/05/1990

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

30110
Building of ships and floating structures
33150
Repair and maintenance of ships and boats

Officers

Mr Andrew John Branagh

director · Since 04/10/2016

CHIEF EXECUTIVE OFFICER

AMERICAN · UNITED STATES · Age 58

Also on 2 other boards

Mr David John Jr Havlik

director · Since 31/10/2023

CHIEF FINANCE OFFICER

AMERICAN · UNITED STATES · Age 59

Also on 1 other board

Persons with Significant Control

Mr Andrew John Branagh

Significant control

American · United States · Age 58

3701, Mount Diablo Boulevard #100, Lafayette, CA94549

Notified 29/05/2017

Former PSCs

Mr Mark William French

Ceased 31/10/2023

Henshaw & Hornidge Limited

Ceased 30/06/2023

Charges0 outstanding

charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 29/10/2009Registered 03/11/2009Satisfied 28/02/2017
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 22/05/1998Registered 29/05/1998Satisfied 11/10/2016
charge
satisfied

MIDLAND BANK PLC

Created 22/12/1997Registered 27/12/1997Satisfied 10/11/1998
charge
satisfied

MIDLAND BANK PLC

Created 09/07/1990Registered 13/07/1990Satisfied 10/11/1998

CompanyRankvs 158+ SIC 30110 peers
37

Financial strength1th percentile among SIC peers · 0/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.3× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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

Going concern doubt: -10 pts

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

Going Concern Doubt

Act 2006. 3. ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements have been prepared under the historical cost convention. Material uncertainty related to going concern The company has been loss making over recent years and continues to be reliant upon group support to continue to trade. The group is providing ongoing support but are continuing to monit

Key FinancialsYear ending 31/12/2024

Net Worth

-£3.3M

Balance sheet strength

Cash

£119k

Cash in the bank

Net Current Assets

-£3.3M

Working capital

Current Assets

£1.5M

Current Liabilities

£4.8M

Fixed Assets

£109k

Debtors

£309k

60avg. employees+4

Balance Sheet

Assets less current liabilities-£3.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.30-£1.5M
20230.49-£950k
20220.61-£1.2M
20211.36

Derived from filed accounts. Not audited figures.