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Ashworth Europe Limited

02918177

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

UNIT 1 THE WASHINGTON CENTRE, DUDLEY, DY2 9RE
Incorporated 12/04/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28220
Manufacture of lifting and handling equipment

Officers

Mr Paul B Nunes

director · Since 18/07/2007

EXECUTIVE

AMERICAN · UNITED STATES · Age 54

Also on 4 other boards

Miss Pamela Jean Copeland

secretary · Since 01/01/2008

EXECUTIVE SECRETARY

OTHER · Age 71

Also on 4 other boards

Persons with Significant Control

Ashworth Bros, Inc

75–100% shares

222, Milliken Boulevard, Fall River

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

TOBIAS HITMAN

Created 06/08/2008Registered 12/08/2008Satisfied 06/05/2016
charge
satisfied

LCP ESTATES LIMITED

Created 18/01/2002Registered 26/01/2002Satisfied 06/05/2016
charge
satisfied

STATE STREET BANK & TRUST COMPANY, LONDON BRANCH(THE "BANK")

Created 13/02/1998Registered 25/02/1998Satisfied 19/11/2002
charge
satisfied

MIDLAND BANK PLC

Created 30/09/1996Registered 03/10/1996Satisfied 30/07/1998

CompanyRankvs 48+ SIC 28220 peers
74

Financial strength89th percentile among SIC peers · 22/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.82× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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48Ashworth Europe Limited
84
How is this score calculated?
Financial strength22/25 pts

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

Employees12/15 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

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

Going Concern Doubt

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent 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 director with respect to g

Key FinancialsYear ending 31/12/2024

Net Worth

£2.5M

Balance sheet strength

Cash

£658k

Cash in the bank

Net Current Assets

£2.6M

Working capital

Current Assets

£3.7M

Current Liabilities

£1.3M

Fixed Assets

£244k

Debtors

£1.9M

Cost of Sales

£4.3M

Admin Expenses

£189k

Profit After Tax

£639k

20avg. employees

Tax at Year End(2019)

Corp tax£665

Balance Sheet

Assets less current liabilities£2.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.82+£639k
20231.75+£726k
20221.56+£62k
20191.71—

Derived from filed accounts. Not audited figures.