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Benchmark Fabrications Limited

02980858

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

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

Details

JUBILEE HOUSE, LETCHWORTH GARDEN CITY, SG6 1WU
Incorporated 19/10/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

31010
Manufacture of office and shop furniture

Officers

Mr Nicholas Johnathan Cole

secretary · Since 20/10/1994

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 27 other boards

Mr Nicholas Johnathan Cole

director · Since 20/10/1994

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 27 other boards

Mr Daniel Philip Chard

director · Since 02/02/2026

BRITISH · ENGLAND · Age 48

Persons with Significant Control

Benchmark Fabrications Group Limited

75–100% shares
75–100% votes

Jubilee House, Jubilee Road, Letchworth Garden City, SG6 1WU

Reg: 14130545 · Companies House · Limited Company

Notified 23/06/2022

Former PSCs

Mr Nicholas Johnathan Cole

Ceased 23/06/2022

Mrs Kathleen Isobel Cole

Ceased 26/04/2022

Charges2 outstanding

Charge
outstanding

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SHAWBROOK BANK LIMITED

Created 11/05/2016Registered 13/05/2016Satisfied 24/03/2023
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NICOLAS JONATHAN COLE

Created 11/01/2016Registered 27/01/2016Satisfied 07/04/2025
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CLOSE BROTHERS LIMITED (THE "SECURITY TRUSTEE")

Created 24/07/2013Registered 26/07/2013Satisfied 02/06/2016
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BARCLAYS BANK PLC

Created 13/09/2006Registered 21/09/2006Satisfied 04/01/2014
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NICOLAS JONATHON COLE

Created 13/09/2006Registered 20/09/2006Satisfied 07/04/2025
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satisfied

BARCLAYS BANK PLC

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BARCLAYS BANK PLC

Created 24/08/2006Registered 30/08/2006Satisfied 02/06/2016
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THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 08/06/2005Registered 15/06/2005Satisfied 16/07/2013
charge
satisfied

NICHOLAS JONATHAN COLE

Created 22/10/2003Registered 11/11/2003Satisfied 07/04/2025
charge
satisfied

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Created 22/10/2003Registered 04/11/2003Satisfied 27/02/2007
charge
satisfied

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Created 22/10/2003Registered 04/11/2003Satisfied 27/02/2007
charge
satisfied

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Created 13/12/2000Registered 16/12/2000Satisfied 11/11/2003
charge
satisfied

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Created 16/01/1995Registered 27/01/1995Satisfied 11/11/2003

CompanyRankvs 205+ SIC 31010 peers
55

Financial strength97th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.56× · 6/20
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 strength24/25 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.

Liquidity6/20 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

of recorded or unrecorded inventories and the elements making up the statement of comprehensive income, statement of changes in equity and statement of cash flows. Material uncertainty related to going concern We draw attention to note 2.2 in the financial statements, which indicates that the company incurred a loss for the year. As stated in note 2.2, these events or conditions, indicate that a m

Key FinancialsYear ending 31/01/2023

Turnover

£7.5M

Annual revenue

Net Worth

£2.5M

Balance sheet strength

Cash

£3k

Cash in the bank

Profit Before Tax

£26k

Bottom line earnings

Net Current Assets

-£1.7M

Working capital

Current Assets

£2.2M

Current Liabilities

£3.9M

Fixed Assets

£5.5M

Debtors

£1.6M

Cost of Sales

£4.7M

Gross Profit

£2.7M

Admin Expenses

£2.7M

Operating Profit

£42k

Profit After Tax

-£111k

74avg. employees-6

Tax at Year End

Corp tax£106k

People Costs

Wages & salaries£2.5M
NI contributions£79k

Balance Sheet

Bank loans & overdrafts£563k
Assets less current liabilities£3.8M
Prepared with Caseware UK (AP4) 2022.0.179

EstimatesDerived

YearCurrent RatioImplied Profit
20230.56+£81k
20220.49-£1.1M
20211.18

Derived from filed accounts. Not audited figures.