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Assembly Solutions Limited

03131352

active
Private Limited Company
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

TERENCE HOUSE UNIT 3-6, BOLTON, BL3 6BW
Incorporated 28/11/1995

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26110
Manufacture of electronic components
27900
Manufacture of other electrical equipment

Officers

Mr Gareth Thomas Balshaw

director · Since 03/10/2019

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Also on 2 other boards

Mr Oliver Balshaw

director · Since 18/09/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 33

Also on 3 other boards

Miss Sophie Jane Balshaw

director · Since 18/09/2024

DIRECTOR

BRITISH · ENGLAND · Age 36

Persons with Significant Control

Assembly Solutions Holdings Ltd

75–100% shares
75–100% votes

Unit 3-6, Terence House, Bolton, BL3 6BW

Reg: 10443972 · Companies House · Limited By Shares

Notified 22/12/2016

Former PSCs

Mr Graham Balshaw

Ceased 22/12/2016

Mrs Anne Elizabeth Balshaw

Ceased 22/12/2016

Charges4 outstanding

Charge
outstanding

SANTANDER UK PLC

Created 21/02/2020Registered 02/03/2020
Charge
outstanding

SANTANDER UK PLC

Created 21/02/2020Registered 02/03/2020
Charge
outstanding

SANTANDER UK PLC AS SECURITY TRUSTEE

Created 13/12/2019Registered 18/12/2019
Charge
outstanding

SANTANDER UK PLC AS SECURITY TRUSTEE

Created 13/12/2019Registered 18/12/2019
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 23/11/2012Registered 27/11/2012Satisfied 19/02/2020
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 19/06/2012Registered 21/06/2012Satisfied 19/02/2020
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 12/06/2012Registered 14/06/2012Satisfied 19/02/2020
charge
satisfied

ALLIANCE & LEICESTER PLC

Created 26/07/2007Registered 27/07/2007Satisfied 13/12/2016

CompanyRankvs 33+ SIC 26110 peers
78

Financial strength93th percentile among SIC peers · 23/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.15× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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33Assembly Solutions Limited
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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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/04/2024

Net Worth

£2.9M

Balance sheet strength

Cash

£791k

Cash in the bank

Net Current Assets

£1.8M

Working capital

Current Assets

£2.7M

Current Liabilities

£847k

Fixed Assets

£1.3M

Debtors

£1.2M

80avg. employees-122

Tax at Year End

Corp tax-£128k

Balance Sheet

Intangible assets£0
Assets less current liabilities£3.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20243.15+£1.2M
20231.27+£143k
20221.32+£176k
20191.65—

Derived from filed accounts. Not audited figures.