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Underwood Meat Company Limited

02716900

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

UNIT 15 ASHLEY BUSINESS COURT, ROTHERHAM, S60 1RU
Incorporated 21/05/1992

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46320
Wholesale of meat and meat products

Officers

Mr Tobias Matthew Smith Bennett

director · Since 14/09/1999

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 3 other boards

Mrs Cora Bennett

secretary · Since 01/06/2012

Mr Kevin Andrew Jones

director · Since 01/08/2012

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 49

Also on 2 other boards

Mr Carl Beardshall

director · Since 19/09/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 8 other boards

Mr Tobias Max Atkin Bennett

director · Since 01/05/2026

BRITISH · ENGLAND · Age 27

Mr Christopher Cotton

director · Since 01/05/2026

BRITISH · ENGLAND · Age 44

Persons with Significant Control

Underwood Meat (Holdings) Limited

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

15, Ashley Business Court, Rotherham, S60 1RU

Reg: 4571476 · Companies House · Private Company Limited By Shares

Notified 06/04/2016

Former PSCs

Mrs Cora Bennett

Ceased 06/04/2016

Mr John David Heeley

Ceased 06/04/2016

Mrs Anna Solveig Heeley

Ceased 06/04/2016

Mr Tobias Matthew Smith Bennett

Ceased 06/04/2016

Charges5 outstanding

Charge
outstanding

JOHN DAVID HEELEY

Created 05/05/2023Registered 12/05/2023
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 05/05/2023Registered 11/05/2023
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 05/05/2023Registered 11/05/2023
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 05/05/2023Registered 05/05/2023
Charge
outstanding

RBS INVOICE FINANCE LIMITED

Created 21/10/2021Registered 21/10/2021
Charge
satisfied

HANDELSBANKEN PLC

Created 21/01/2021Registered 22/01/2021Satisfied 30/10/2021
Charge
satisfied

SVENSKA HANDELSBANKEN AB (PUBL)

Created 14/06/2013Registered 27/06/2013Satisfied 10/05/2023
Charge
satisfied

SVENSKA HANDELSBANKEN AB (PUBL)

Created 26/04/2013Registered 02/05/2013Satisfied 10/05/2023
Charge
satisfied

SVENSKA HANDELSBANKEN AB (PUBL)

Created 26/04/2013Registered 02/05/2013Satisfied 10/05/2023
charge
satisfied

BANK OF SCOTLAND PLC

Created 27/08/2010Registered 01/09/2010Satisfied 17/02/2014
charge
satisfied

LLOYDS TSB BANK PLC

Created 12/10/2009Registered 19/10/2009Satisfied 17/02/2014
charge
satisfied

GORDON LEE-STEERE AND SIR CHARLES CHRISTIAN NICHOLSON

Created 18/06/2007Registered 22/06/2007Satisfied 27/01/2023
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 16/05/2007Registered 17/05/2007Satisfied 17/02/2014
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 04/02/2003Registered 06/02/2003Satisfied 17/02/2014
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 04/02/2003Registered 06/02/2003Satisfied 17/02/2014
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 04/02/2003Registered 06/02/2003Satisfied 17/02/2014
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 04/02/2003Registered 06/02/2003Satisfied 31/01/2008
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 04/02/2003Registered 06/02/2003Satisfied 17/02/2014
charge
satisfied

DAVID ANTHONY WHITEWAY ANTOINETTE WHITEWAY MARK JONATHAN WHITEWAY ANDBARNETT WADDINGHAM TRUSTEE

Created 21/12/2001Registered 02/01/2002Satisfied 12/07/2007
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 24/08/2001Registered 11/09/2001Satisfied 25/02/2003
charge
satisfied

ROYAL BANK INVOICE FINANCE LIMITED

Created 09/12/1997Registered 16/12/1997Satisfied 25/02/2003
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 11/11/1992Registered 17/11/1992Satisfied 25/02/2003

CompanyRankvs 381+ SIC 46320 peers
54

Financial strength96th percentile among SIC peers · 24/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 1.05× · 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.

Employees8/15 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

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 relating to going concern We draw attention to note 1.3 to the financial statements, which explains that the group breached banking covenants in respect of two term loans during the year ended 31 October 2024. At

Key FinancialsYear ending 31/10/2024

Net Worth

£2.9M

Balance sheet strength

Cash

£1.1M

Cash in the bank

Profit Before Tax

£416k

Bottom line earnings

Net Current Assets

£624k

Working capital

Current Assets

£14.4M

Current Liabilities

£13.8M

Fixed Assets

£3.2M

Debtors

£9.8M

Admin Expenses

£4.7M

Profit After Tax

£302k

3avg. employees-267

Tax at Year End

Corp tax£66k
Dividends paid£664k

People Costs

Wages & salaries£8.0M

Balance Sheet

Intangible assets£60k
Assets less current liabilities£3.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.05-£331k
20231.07-£1.0M
20221.16+£14k
20211.18-£505k
20201.30-£634k
20191.23

Derived from filed accounts. Not audited figures.