Somerville Bain Associates Limited
02694438
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Previously known as
Compliance
Last accounts
30/04/2025
total exemption full
Next accounts due
31/01/2027
Confirmation statement
Last: 06/03/2026
Due 20/03/2027
Industry
Officers
secretary · Since 06/03/1992
BRITISH · UNITED KINGDOM · Age 74
Also on 13 other boards
director · Since 06/03/1992
IT MANAGER
BRITISH · UNITED KINGDOM · Age 79
Also on 2 other boards
director · Since 11/03/1992
SECRETARY
BRITISH · UNITED KINGDOM · Age 74
Also on 13 other boards
Persons with Significant Control
Mr Andrew William Bain
British · United Kingdom · Age 79
29, Glover Road, Pinner, HA5 1LQ
Notified 06/04/2016
Change History
Active
Private Limited Company
29 GLOVER ROAD
PINNER
CompanyRankvs 96455+ SIC 82990 peers34
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. Going concern The financial statements have been prepared on the going concern basis and the directors confirm their belief in the company's ability to continue as a going concern for a period of at lea
Key FinancialsYear ending 30/04/2026
Net Worth
-£20k
Balance sheet strength
Cash
£2k
Cash in the bank
Net Current Assets
-£21k
Working capital
Current Assets
£2k
Current Liabilities
£22k
Fixed Assets
£424
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2026 | 0.08 | -£22k |
| 2025 | 1.08 | -£19k |
| 2024 | 1.86 | -£5k |
| 2023 | 2.62 | — |
Derived from filed accounts. Not audited figures.