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Boston Limited

02771869

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)
  • 6 outstanding charges (-10)

Details

UNIT 5, CURO PARK, ST. ALBANS, AL2 2DD
Incorporated 08/12/1992

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Manojkumar Nayee Bsc

director · Since 16/12/1992

COMPUTER SALES

BRITISH · ENGLAND · Age 63

Also on 7 other boards

Mr Ata Ataienoghab

director · Since 01/07/2023

COMPANY DIRECTOR

AMERICAN · UNITED STATES · Age 67

Also on 1 other board

Ms Pamela Ochs-Piasecki

director · Since 01/07/2023

COMPANY DIRECTOR

AMERICAN · UNITED STATES · Age 59

Also on 1 other board

Mr Jon Tyler Mcgaughey

director · Since 01/07/2024

COMPANY DIRECTOR

AMERICAN · UNITED STATES · Age 47

Persons with Significant Control

Berry Bidco Limited

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

3, Sheen Road, Richmond, TW9 1AD

Reg: 12239581 · England & Wales · Private Company Limited By Shares

Notified 30/06/2023

Former PSCs

Mr Manojkumar Nayee

Ceased 18/11/2019

2crsi London Limited

Ceased 30/06/2023

Charges6 outstanding

Charge
outstanding

WHITEHORSE CAPITAL MANAGEMENT, LLC AS COLLATERAL AGENT FOR ITSELF AND THE OTHER SECURED PARTIES

Created 27/09/2023Registered 13/10/2023
Charge
outstanding

BANK OF AMERICA, N.A.

Created 27/09/2023Registered 09/10/2023
Charge
outstanding

BANK OF AMERICA, N.A.

Created 27/09/2023Registered 29/09/2023
Charge
outstanding

BANK OF AMERICA, N.A.

Created 27/09/2023Registered 29/09/2023
Charge
outstanding

WHITEHORSE CAPITAL MANAGEMENT, LLC AS SECURITY TRUSTEE FOR ITSELF AND THE OTHER SECURED PARTIES

Created 27/09/2023Registered 28/09/2023
Charge
outstanding

WHITEHORSE CAPITAL MANAGEMENT, LLC AS SECURITY TRUSTEE FOR ITSELF AND THE OTHER SECURED PARTIES

Created 27/09/2023Registered 28/09/2023
Charge
satisfied

HSBC INVOICE FINANCE (UK) LTD

Created 22/06/2016Registered 06/07/2016Satisfied 03/07/2023
Charge
satisfied

HSBC BANK PLC

Created 27/02/2016Registered 04/03/2016Satisfied 03/07/2023
Charge
satisfied

HSBC BANK PLC

Created 01/12/2015Registered 09/12/2015Satisfied 03/07/2023
Charge
satisfied

HSBC BANK PLC

Created 18/09/2015Registered 23/09/2015Satisfied 03/07/2023
Charge
satisfied

HSBC BANK PLC

Created 18/09/2015Registered 23/09/2015Satisfied 03/07/2023
charge
satisfied

BARCLAYS BANK PLC

Created 14/12/2012Registered 29/12/2012Satisfied 08/01/2016
charge
satisfied

BARCLAYS BANK PLC

Created 13/12/2012Registered 19/12/2012Satisfied 08/01/2016
charge
satisfied

BARCLAYS BANK PLC

Created 05/12/2012Registered 13/12/2012Satisfied 08/01/2016
charge
satisfied

RBS INVOICE FINANCE LIMITED (THE SECURITY HOLDER)

Created 01/03/2006Registered 16/03/2006Satisfied 15/12/2014
charge
satisfied

GLOBAL LAND LIMITED

Created 25/04/2002Registered 10/05/2002Satisfied 15/01/2015

CompanyRankvs 2411+ SIC 62090 peers
66

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.67× · 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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2411Boston Limited
82
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

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 28/02/2023

Turnover

£72.3M

Annual revenue

Net Worth

£15.6M

Balance sheet strength

Cash

£1.5M

Cash in the bank

Profit Before Tax

£2.0M

Bottom line earnings

Net Current Assets

£14.0M

Working capital

Current Assets

£34.9M

Current Liabilities

£20.9M

Fixed Assets

£2.5M

Debtors

£16.5M

Cost of Sales

£59.3M

Gross Profit

£13.0M

Admin Expenses

£11.7M

Operating Profit

£2.5M

Profit After Tax

£1.8M

132avg. employees+9

Tax at Year End

Corp tax£317k

People Costs

Wages & salaries£6.1M
NI contributions£688k

Balance Sheet

Bank loans & overdrafts£4.3M
Assets less current liabilities£16.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20231.67+£2.0M
20221.49—

Derived from filed accounts. Not audited figures.