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Shipman Wealth Management Ltd

02837635

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

GROUND FLOOR, EAGLE HOUSE 1 BABBAGE WAY, EXETER, EX5 2FN
Incorporated 20/07/1993

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 20/07/2025

Due 03/08/2026

On track

Industry

64999
Other financial service activities

Officers

Mr Peter Robert Ellis

director · Since 01/04/2021

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 13 other boards

Mrs Amanda Hilary Browning

director · Since 11/03/2025

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 2 other boards

Persons with Significant Control

Shipman Group Holdings Limited

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

Ground Floor, Eagle House, 1 Babbage Way, Exeter, EX5 2FN

Reg: 11681914 · Registrar Of Companies - England And Wales · Private Limited Company

Notified 01/04/2021

Former PSCs

Mrs Emma Marie Woolfrey

Ceased 01/04/2021

Mr Timothy Ames

Ceased 18/10/2019

Mr Neil James Gore

Ceased 01/04/2021

Charges0 outstanding

Charge
satisfied

HANDELSBANKEN PLC

Created 18/10/2019Registered 23/10/2019Satisfied 08/04/2021
charge
satisfied

SVENSKA HANDELSBANKEN AB (PUBL)

Created 27/05/2011Registered 01/06/2011Satisfied 19/12/2016
charge
satisfied

SVENSKA HANDELSBANKEN AB (PUBL)

Created 29/03/2010Registered 01/04/2010Satisfied 19/12/2016
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 25/08/2005Registered 27/08/2005Satisfied 16/10/2009
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 29/01/1998Registered 04/02/1998Satisfied 06/09/2005

CompanyRankvs 24320+ SIC 64999 peers
74

Financial strength90th percentile among SIC peers · 23/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.85× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

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

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

Going Concern Doubt

appropriate; or - the directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the group's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. However, not all future events or conditions can be predi

Key FinancialsYear ending 30/05/2020

Turnover

£2.7M

Annual revenue

Net Worth

£456k

Balance sheet strength

Cash

£1.1M

Cash in the bank

Profit Before Tax

£1.0M

Bottom line earnings

Net Current Assets

£762k

Working capital

Current Assets

£1.7M

Current Liabilities

£895k

Fixed Assets

£594k

Debtors

£599k

Profit After Tax

£842k

27avg. employees-3

Tax at Year End

Corp tax£102k
Dividends paid£450k

People Costs

Wages & salaries£754k
NI contributions£74k

Balance Sheet

Bank loans & overdrafts£450k
Assets less current liabilities£1.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20201.85-£2.0M
20195.42+£274k
20184.48

Derived from filed accounts. Not audited figures.