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Shortridge Ltd

02853436

active
Private Limited Company
england wales
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

JOSEPH NOBLE ROAD, LILLYHALL WORKINGTON, CA14 4JX
Incorporated 15/09/1993

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 15/09/2025

Due 29/09/2026

On track

Industry

96010
Washing and (dry-)cleaning of textile and fur products

Officers

Michael William Jones

director · Since 30/04/2024

MANAGING DIRECTOR

BRITISH · SCOTLAND · Age 61

Also on 7 other boards

Persons with Significant Control

Ftl Uk Acquisition Company Limited

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

Connect House, 133-137 Alexandra Road, London, SW19 7JY

Reg: 11052414 · Companies House · Limited Liability Company

Notified 30/04/2024

Former PSCs

Mr Peter Andrew Hinckley

Ceased 30/04/2024

Mr Alan Tonge

Ceased 01/12/2020

Charges2 outstanding

Charge
outstanding

THE TORONTO-DOMINION BANK (AS SECURITY AGENT)

Created 11/06/2025Registered 13/06/2025
Charge
outstanding

THE TORONTO-DOMINION BANK (AS SECURITY AGENT)

Created 29/07/2024Registered 30/07/2024
charge
satisfied

HSBC ASSET FINANCE (UK) LIMITED AND HSBC EQUIPMENT FINANCE (UK) LIMITED

Created 19/08/2009Registered 21/08/2009Satisfied 03/04/2017
charge
satisfied

SEBSED LIMITED

Created 06/02/2006Registered 20/02/2006Satisfied 03/04/2017
charge
satisfied

HSBC ASSET FINANCE (UK) LIMITED & HSBC EQUIPMENT FINANCE (UK) LIMITED

Created 22/05/2003Registered 23/05/2003Satisfied 03/04/2017
charge
satisfied

HSBC BANK PLC

Created 18/12/2002Registered 20/12/2002Satisfied 03/04/2017
charge
satisfied

HSBC BANK PLC

Created 20/11/2002Registered 22/11/2002Satisfied 19/06/2024
charge
satisfied

MIDLAND BANK PLC

Created 17/05/1994Registered 20/05/1994Satisfied 19/06/2024

CompanyRankvs 105+ SIC 96010 peers
70

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.01× · 20/20
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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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

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 concern are d

Key FinancialsYear ending 30/09/2022

Net Worth

£3.8M

Balance sheet strength

Cash

£3.3M

Cash in the bank

Profit Before Tax

£974k

Bottom line earnings

Net Current Assets

£2.7M

Working capital

Current Assets

£5.4M

Current Liabilities

£2.7M

Fixed Assets

£2.6M

Debtors

£1.9M

Profit After Tax

£41k

208avg. employees+2

Tax at Year End

Corp tax£136k
Dividends paid-£240k

People Costs

Wages & salaries£4.6M
NI contributions£388k

Balance Sheet

Bank loans & overdrafts£300k
Assets less current liabilities£5.4M
Prepared with Caseware UK (AP4) 2022.0.179

EstimatesDerived

YearCurrent RatioImplied Profit
20222.01+£541k
20212.13-£199k
20201.32-£503k
20191.37+£404k
20181.64

Derived from filed accounts. Not audited figures.