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Royston Sheet Lead Limited

03031508

active
Private Limited Company
Companies House
Health Score
60 / 100

Some Concerns

30/30
Filing
0/30
Financial
30/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 14 outstanding charges (-10)

Details

C/O RAYNER ESSEX, TAVISTOCK SQUARE, WC1H 9LG
Incorporated 10/03/1995

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade

Officers

Mr Maurice Elliot Sherling

director · Since 01/03/2016

COMPANY DIRECTOR

IRISH · ISLE OF MAN · Age 77

Also on 7 other boards

Mr Graham Charles Hudson

director · Since 08/04/2021

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 67

Also on 6 other boards

Mr David Alistair James Rintoul

director · Since 08/04/2021

LAWYER

BRITISH · ENGLAND · Age 60

Also on 15 other boards

Mr Paul James Walters

director · Since 01/12/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 9 other boards

Persons with Significant Control

Envirolead Distribution Limited

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

Faulkner House, Victoria Street, St Albans, AL1 3SE

Reg: 09175438 · Companies House · Limited By Shares

Notified 06/04/2016

Charges14 outstanding

Charge
outstanding

THE WELSH MINISTERS

Created 21/09/2017Registered 26/09/2017
Charge
outstanding

HSBC INVOICE FINANCE (UK) LIMITED

Created 12/05/2017Registered 18/05/2017
Charge
outstanding

HSBC BANK PLC

Created 12/05/2017Registered 18/05/2017
Charge
outstanding

THE WELSH MINISTERS

Created 29/04/2017Registered 05/05/2017
Charge
outstanding

HSBC BANK PLC

Created 29/04/2017Registered 05/05/2017
Charge
outstanding

HSBC BANK PLC

Created 29/04/2017Registered 04/05/2017
Charge
outstanding

HSBC INVOICE FINANCE (UK) LIMITED

Created 29/04/2017Registered 04/05/2017
Charge
outstanding

HSBC BANK PLC

Created 29/04/2017Registered 04/05/2017
Charge
outstanding

HSBC INVOICE FINANCE (UK) LIMITED

Created 29/04/2017Registered 04/05/2017
Charge
outstanding

HSBC INVOICE FINANCE (UK) LIMITED (HIF)

Created 22/09/2014Registered 03/10/2014
Charge
outstanding

HSBC BANK PLC

Created 22/09/2014Registered 03/10/2014
Charge
outstanding

HSBC BANK PLC

Created 22/09/2014Registered 03/10/2014
Charge
outstanding

HSBC INVOICE FINANCE (UK) LIMITED

Created 25/09/2014Registered 30/09/2014
Charge
outstanding

HSBC BANK PLC

Created 25/09/2014Registered 30/09/2014
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 27/05/2009Registered 10/06/2009Satisfied 22/04/2017
charge
satisfied

ANGLO IRISH BANK CORPORATION PLC

Created 19/10/2007Registered 08/11/2007Satisfied 22/04/2017
charge
satisfied

ANGLO IRISH BANK CORPORATION PLC

Created 31/07/2003Registered 13/08/2003Satisfied 22/04/2017

CompanyRankvs 255170+ SIC 46900 peers
20

Financial strength0th percentile among SIC peers · 0/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.65× · 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 strength0/25 pts

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

Employees4/15 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

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£792k

Balance sheet strength

Cash

£1k

Cash in the bank

Profit Before Tax

£535

Bottom line earnings

Net Current Assets

-£1.3M

Working capital

Current Assets

£2.4M

Current Liabilities

£3.6M

Fixed Assets

£0

Debtors

£2.4M

Admin Expenses

£198k

Profit After Tax

£535

0avg. employees

Tax at Year End

Corp tax£10k

People Costs(2019)

Wages & salaries£27k
NI contributions£1k

Balance Sheet

Assets less current liabilities-£756k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.65+£535
20230.66+£46k
20220.65+£574k
20210.46+£408k
20200.45+£3k
20190.43+£46k
20180.72

Derived from filed accounts. Not audited figures.