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Smith Construction (Heckington) Limited

02683844

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

STATION ROAD, SLEAFORD, NG34 9NF
Incorporated 04/02/1992

Compliance

Last accounts

31/12/2024

medium

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 03/02/2026

Due 17/02/2027

On track

Industry

42990
Construction of other civil engineering projects

Officers

Mr Kenneth Martin Smith

director · Since 04/02/1993

CIVIL ENGINEER

BRITISH · ENGLAND · Age 73

Also on 7 other boards

Mr John Langstaff Priestley

director · Since 04/01/1994

DIRECTOR

BRITISH · ENGLAND · Age 80

Also on 26 other boards

Persons with Significant Control

Melbourne Construction Limited

75–100% shares
75–100% votes

Melbourne Park House, Royal Oak Business Park, Sleaford, NG34 7EQ

Reg: 12039998 · Uk Companies House · Limited Company

Notified 06/11/2023

Former PSCs

Mr John Langstaff Priestley

Ceased 01/01/2024

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 06/02/2002Registered 14/02/2002
charge
satisfied

GENERALE BANK N/V GENERALE DE BANQUE SA

Created 06/04/1998Registered 10/04/1998Satisfied 18/11/1999
charge
satisfied

HAMBROS BANK LIMITED

Created 04/01/1994Registered 18/01/1994Satisfied 18/11/1999

CompanyRankvs 923+ SIC 42990 peers
61

Financial strength97th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.37× · 12/20
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 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 31/12/2024

Turnover

£15.1M

Annual revenue

Net Worth

£2.7M

Balance sheet strength

Cash

£1.4M

Cash in the bank

Profit Before Tax

£957k

Bottom line earnings

Net Current Assets

£1.4M

Working capital

Current Assets

£5.1M

Current Liabilities

£3.8M

Fixed Assets

£1.8M

Debtors

£3.5M

Cost of Sales

£12.6M

Gross Profit

£2.6M

Admin Expenses

£1.6M

Operating Profit

£995k

Profit After Tax

£759k

53avg. employees+2

Tax at Year End

Corp tax£202k
Dividends paid£1.0M

People Costs

Wages & salaries£2.2M
NI contributions£239k

Balance Sheet

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

EstimatesDerived

YearCurrent RatioImplied Profit
20241.37+£759k
20231.26-£249k
20221.45+£402k
20211.33+£322k
20201.09-£129k
20191.06

Derived from filed accounts. Not audited figures.