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Horbury Building Systems Limited

02773235

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

C/O RSM UK RESTRUCTURING ADVISORY LLP, MANCHESTER, M3 3HF
Incorporated 14/12/1992

Compliance

Last accounts

31/05/2021

full

Next accounts due

28/02/2023

Overdue

Confirmation statement

Last: 26/11/2021

Due 10/12/2022

Overdue

Industry

41100
Development of building projects

Officers

Mr Trevor John Wragg

director · Since 22/03/1993

MANAGING DIRECTOR

ENGLISH · ENGLAND · Age 61

Also on 20 other boards

Mr Ian Syddall

director · Since 05/01/2004

CONTRACTS DIRECTOR

ENGLISH · ENGLAND · Age 63

Mr Michael Robert Saunders

secretary · Since 12/08/2019

Also on 14 other boards

Mr Michael Robert Saunders

director · Since 12/08/2019

FINANCE DIRECTOR

ENGLISH · ENGLAND · Age 45

Also on 14 other boards

Persons with Significant Control

Horbury Group Limited

75–100% shares

South Grove House, South Grove, Rotherham, S60 2AF

Reg: 06217640 · England · Limited Company

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

BGF INVESTMENTS LP

Created 30/06/2015Registered 08/07/2015
Charge
outstanding

HSBC BANK PLC

Created 02/06/2014Registered 09/06/2014
Charge
outstanding

HSBC BANK PLC

Created 02/06/2014Registered 09/06/2014

Insolvency History1 case

creditors voluntary liquidation02/09/2022

Christopher Lewis (practitioner) · Lindsey J Cooper (practitioner)

CompanyRankvs 15+ SIC 41100 peers
12

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.2× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees0/15 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

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

that are free from material misstatement, whether due to fraud or error. In preparing the financial statements , the directors are responsible for assessing the company ' s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operati

Key FinancialsYear ending 31/05/2021

Turnover

£26.8M

Annual revenue

Net Worth

-£1.5M

Balance sheet strength

Cash

£360

Cash in the bank

Profit Before Tax

-£4.1M

Bottom line earnings

Net Current Assets

£1.5M

Working capital

Current Assets

£8.9M

Current Liabilities

£7.4M

Fixed Assets

£2.7M

Debtors

£8.9M

Cost of Sales

£25.6M

Gross Profit

£1.2M

Admin Expenses

£4.4M

Operating Profit

-£3.8M

Profit After Tax

-£3.9M

139avg. employees

People Costs

Wages & salaries£4.2M
NI contributions£417k

Balance Sheet

Bank loans & overdrafts£274k
Assets less current liabilities£4.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20211.20

Derived from filed accounts. Not audited figures.