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Posturite Limited

02574809

active
Private Limited Company
england wales
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)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

UNIT 2 ONTARIO DRIVE, DONCASTER, DN11 0BF
Incorporated 17/01/1991

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 09/06/2025

Due 23/06/2026

On track

Industry

31010
Manufacture of office and shop furniture
46650
Wholesale of office furniture
58290
Other software publishing
86900
Other human health activities

Officers

Mr Michele Cornelis Geradus Van Beek

director · Since 13/07/2017

VP EMEA ASIA PACIFIC

DUTCH · NETHERLANDS · Age 59

Mr John Everett Fellowes

director · Since 10/03/2020

DIRECTOR

AMERICAN · UNITED STATES · Age 48

Also on 2 other boards

Mr James Paul Hargreaves

director · Since 01/05/2022

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 44

Also on 2 other boards

Mr Christopher John Foster Jones

director · Since 26/06/2023

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 1 other board

Persons with Significant Control

Fellowes Ltd

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

Unit 2, Ontario Drive, Doncaster, DN11 0BF

Reg: 00865306 · Companies Register Of England And Wales · Private Company Limited By Shares

Notified 10/03/2020

Former PSCs

Mr Ian George Fletcher-Price

Ceased 10/03/2020

Mrs Dawn Ann Fletcher-Price

Ceased 10/03/2020

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 14/04/2026Registered 20/04/2026
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 30/07/2003Registered 07/08/2003Satisfied 02/05/2025
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 28/07/2003Registered 30/07/2003Satisfied 02/05/2025
charge
satisfied

THE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED

Created 22/04/2003Registered 24/04/2003Satisfied 02/05/2025
charge
satisfied

BARCLAYS BANK PLC

Created 30/03/1998Registered 07/04/1998Satisfied 16/04/2003

CompanyRankvs 61+ SIC 31010 peers
66

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.59× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -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.

Liquidity16/20 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

Outstanding charges: -10 pts

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

Going Concern Doubt

in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty related to going concern - Uncertainty relating to the impact of Coronavirus (Covid-19) At the date of this report, there exists considerable uncertainty regarding the potential impact of the Coronavirus and the economic c

Key FinancialsYear ending 31/12/2019

Turnover

£28.2M

Annual revenue

Net Worth

£6.0M

Balance sheet strength

Cash

£1.1M

Cash in the bank

Profit Before Tax

£1.0M

Bottom line earnings

Net Current Assets

£3.9M

Working capital

Current Assets

£10.5M

Current Liabilities

£6.6M

Fixed Assets

£2.2M

Debtors

£6.0M

Cost of Sales

£15.5M

Gross Profit

£1.6M

Admin Expenses

£10.6M

Operating Profit

£1.1M

Profit After Tax

£887k

221avg. employees

Tax at Year End

Corp tax£160k
Dividends paid£600k

People Costs

Wages & salaries£7.1M
NI contributions£648k

Balance Sheet

Intangible assets£173k
Assets less current liabilities£6.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20191.59

Derived from filed accounts. Not audited figures.