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Worksecond Limited

02815352

active
Private Limited Company
Companies House
Health Score
82 / 100

Healthy

30/30
Filing
20/30
Financial
32/40
Risk
  • 4 outstanding charges (-8)

Details

382 ASTON LANE, BIRMINGHAM, B6 6QN
Incorporated 05/05/1993

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Karl Gordon Pountney

secretary · Since 13/05/1993

DIRECTOR

BRITISH · Age 58

Also on 25 other boards

Mr Karl Gordon Pountney

director · Since 30/01/2004

MANAGER

BRITISH · ENGLAND · Age 58

Also on 25 other boards

Persons with Significant Control

Contracts Galleypearl Limited

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

382 Aston Lane, Witton, Birmingham, B6 6QN

Reg: 01824540 · England And Wales · Private Limited Company By Shares

Notified 06/04/2016

Former PSCs

Mr Gerald Edwin Pountney

Ceased 07/12/2023

Charges4 outstanding

Charge
outstanding

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NATIONAL WESTMINSTER BANK PLC

Created 28/07/2017Registered 31/07/2017
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LLOYDS BANK PLC

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charge
satisfied

LLOYDS TSB BANK PLC

Created 25/10/2011Registered 08/11/2011Satisfied 16/10/2018
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LLOYDS TSB BANK PLC

Created 14/01/2009Registered 16/01/2009Satisfied 16/10/2018
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satisfied

LLOYDS TSB BANK PLC

Created 31/10/2008Registered 12/11/2008Satisfied 16/10/2018
charge
satisfied

LLOYDS TSB BANK PLC

Created 07/11/2008Registered 12/11/2008Satisfied 16/10/2018
charge
satisfied

LLOYDS TSB BANK PLC

Created 31/10/2008Registered 12/11/2008Satisfied 16/10/2018
charge
satisfied

LLOYDS TSB BANK PLC

Created 07/11/2008Registered 12/11/2008Satisfied 16/10/2018
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 12/03/2007Registered 29/03/2007Satisfied 12/11/2008
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 04/06/2001Registered 19/06/2001Satisfied 12/11/2008
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 05/04/2001Registered 18/04/2001Satisfied 12/11/2008
charge
satisfied

MIDLAND BANK PLC

Created 27/11/1997Registered 28/11/1997Satisfied 28/02/2008
charge
satisfied

BIRMINGHAM CITY COUNCIL

Created 23/10/1997Registered 24/10/1997Satisfied 28/02/2008
charge
satisfied

BIRMINGHAM CONSERVATION TRUST LIMITED

Created 16/06/1997Registered 26/06/1997Satisfied 28/02/2008
charge
satisfied

MIDLAND BANK PLC

Created 24/02/1997Registered 01/03/1997Satisfied 28/02/2008

CompanyRankvs 433+ SIC 68209 peers
80

Financial strength98th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.52× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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433Worksecond Limited
90
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.

Liquidity20/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£3.6M

Balance sheet strength

Cash

£61k

Cash in the bank

Net Current Assets

£436k

Working capital

Current Assets

£723k

Current Liabilities

£287k

Fixed Assets

£5.8M

Debtors

£662k

4avg. employees-1

Tax at Year End(2020)

VAT£18k

Balance Sheet

Bank loans & overdrafts£1.8M
Assets less current liabilities£6.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20242.52+£34k—
20232.40-£885k—
20220.08+£17k—
20210.13+£46k—
20200.25+£442k£364k
20190.50+£12k—
20180.32+£3k£258k
20170.66—£624k

Derived from filed accounts. Not audited figures.