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Nigel Smith Plumbing And Mechanical Services Ltd

02572049

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

UNIT 7 LINDUM BUSINESS PARK, LINCOLN, LN6 3FE
Incorporated 07/01/1991

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

Mr Paul Andrew Wiseman

director · Since 16/02/2007

MECHANICAL ENGINEER

BRITISH · ENGLAND · Age 55

Also on 2 other boards

Mr Mathew Nigel Smith

director · Since 04/07/2011

DIRECTOR

BRITISH · ENGLAND · Age 44

Stacey Smith

secretary · Since 01/06/2014

Persons with Significant Control

Nigel Smith Plumbing And Mechanical Services (Holdings) Limited

ownership-of-shares-75-to-100-percent-as-firm

Unit 7, Lindum Business Park, Lincoln, LN6 3FE

Reg: 10754026 · England · Limited Company

Notified 20/07/2017

Former PSCs

Mr Nigel Smith

Ceased 20/07/2017

CompanyRankvs 59+ SIC 43220 peers
80

Financial strength100th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.2× · 20/20
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 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.

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

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

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 30/06/2025

Turnover

£7.7M

Annual revenue

Net Worth

£3.1M

Balance sheet strength

Cash

£741k

Cash in the bank

Profit Before Tax

£15k

Bottom line earnings

Net Current Assets

£3.0M

Working capital

Current Assets

£5.6M

Current Liabilities

£2.5M

Fixed Assets

£124k

Debtors

£4.8M

Cost of Sales

£6.6M

Gross Profit

£1.0M

Admin Expenses

£1.0M

Operating Profit

£21k

Profit After Tax

£11k

31avg. employees

Tax at Year End

Corp tax£5k

People Costs

Wages & salaries£2.3M
NI contributions£136k

Balance Sheet

Assets less current liabilities£3.2M
Prepared with Sage Accounts Production Advanced 2025 - FRS102_2025

EstimatesDerived

YearCurrent RatioImplied Profit
20252.20+£0
20252.20+£907k
20211.59+£66k
20201.57

Derived from filed accounts. Not audited figures.