Back to search

Exheat Limited

02624818

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

17 OLD MILLERS WHARF, NORWICH, NR3 1GS
Incorporated 28/06/1991

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27900
Manufacture of other electrical equipment

Officers

Mr Peter Brookes Smithers

director · Since 09/04/1992

GROUP CHAIRMAN

BRITISH · UNITED KINGDOM · Age 74

Also on 19 other boards

Mr Robert Vincent Smithers

director · Since 20/10/2009

GROUP CHIEF EXECUTIVE

BRITISH · UNITED KINGDOM · Age 41

Also on 6 other boards

Mr Zek Meadows

director · Since 01/09/2012

GROUP FINANCE DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 12 other boards

Mr Robert John Coss

director · Since 01/02/2016

TECHNICAL DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 1 other board

Mr Zek Meadows

secretary · Since 17/08/2016

Also on 12 other boards

Mr Martin Edward Bell

director · Since 01/10/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 1 other board

Persons with Significant Control

Mr Peter Brookes Smithers

Significant control

British · United Kingdom · Age 74

17 Old Millers Wharf, Fishergate, Norwich, NR3 1GS

Notified 06/04/2016

Exheat Group Limited

75–100% shares

17, Old Millers Wharf, Fishergate, Norwich, NR3 1GS

Reg: 08835557 · Companies House Cardiff · Limited Company

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 25/10/2017Registered 31/10/2017
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 16/01/2002Registered 18/01/2002Satisfied 30/10/2017
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 30/10/1992Registered 04/11/1992

CompanyRankvs 268+ SIC 27900 peers
61

Financial strength97th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.47× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength24/25 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.

Liquidity12/20 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

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 30/08/2024

Turnover

£16.8M

Annual revenue

Net Worth

£6.3M

Balance sheet strength

Cash

£5.8M

Cash in the bank

Profit Before Tax

£1.5M

Bottom line earnings

Net Current Assets

£6.8M

Working capital

Current Assets

£21.4M

Current Liabilities

£14.6M

Fixed Assets

£298k

Debtors

£8.8M

Cost of Sales

£10.3M

Gross Profit

£6.5M

Admin Expenses

£4.8M

Operating Profit

£1.5M

Profit After Tax

£1.2M

82avg. employees+3

Tax at Year End

Corp tax£115k

People Costs

Wages & salaries£2.8M
NI contributions£311k

Balance Sheet

Assets less current liabilities£7.1M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.47+£1.2M
20231.43

Derived from filed accounts. Not audited figures.