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Southgate Auction Rooms Limited

02834830

active
ltd
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

6th Floor, 2 London Wall Place, London, EC2Y 5AU
Incorporated 09/07/1993

Previously known as

Sentsize Projects Limited · until 20/08/1993

Compliance

Last accounts

30/09/2025

total exemption full

Next accounts due

30/06/2027

On track

Confirmation statement

Last: 13/06/2026

Due 27/06/2027

On track

Industry

82990
Other business support service activities

Officers

Mark Hutchcroft

secretary · Since 30/07/1993

British

Mark Hutchcroft

director · Since 30/07/1993

British · United Kingdom

William John Carroll

director · Since 09/03/1995

British · United Kingdom

Former

James Joseph Nolan

director · Resigned 28/09/2018

Persons with Significant Control

Michael Broadley

25–50% shares
25–50% votes
Appoint directors

British · Germany

Notified 06/04/2016

Mr Mark Hutchcroft

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom

Notified 06/04/2016

Charges2 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 10/01/2006Registered 18/01/2006
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 22/11/1993Registered 29/11/1993

Change History

status → active
2026-06-04

Active

type → ltd
2026-06-04

Private Limited Company

address line1 → 6th Floor, 2 London Wall Place
2026-06-04

6TH FLOOR,

post town → London
2026-06-04

LONDON

CompanyRankvs 2299+ SIC 82990 peers
77

Financial strength90th percentile among SIC peers · 23/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.19× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 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 30/09/2025

Net Worth

£254k

Balance sheet strength

Cash

£241k

Cash in the bank

Net Current Assets

£230k

Working capital

Current Assets

£302k

Current Liabilities

£72k

Fixed Assets

£25k

Debtors

£61k

13avg. employees

Balance Sheet

Assets less current liabilities£254k
Prepared with Caseware UK (AP4) 2025.0.111

EstimatesDerived

YearCurrent RatioImplied Profit
20254.19-£47k
20242.28+£194k
20231.37—

Derived from filed accounts. Not audited figures.