Back to search

Neptune (Europe) Ltd

03215405

active
Private Limited Company
Companies House
Health Score
62 / 100

Some Concerns

30/30
Filing
0/30
Financial
32/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

ORION FRANKLAND ROAD, SWINDON, SN5 8YG
Incorporated 24/06/1996

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46470
Wholesale of furniture, carpets and lighting equipment
46499
46499

Officers

John Giles Redman

secretary · Since 24/06/1996

TECHNICAL

BRITISH · UNITED KINGDOM · Age 56

Also on 5 other boards

Mr John Giles Redman

director · Since 24/06/1996

TECHNICAL

BRITISH · ENGLAND · Age 56

Also on 7 other boards

Mr John Edwin Sims-Hilditch

director · Since 24/06/1996

MARKETING & MANAGEMENT

BRITISH · UNITED KINGDOM · Age 61

Also on 12 other boards

Mr Will Coulten

director · Since 08/02/2024

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 6 other boards

Mr Mike Clark

director · Since 02/09/2024

CEO

BRITISH · ENGLAND · Age 44

Also on 5 other boards

Persons with Significant Control

Neptune Holdco Limited

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

Neptune, Frankland Road, Swindon, SN5 8YG

Reg: 8480249 · England And Wales Register Of Companies · Private Limited Company

Notified 06/04/2016

Charges4 outstanding

Charge
outstanding

HSBC ASSET FINANCE (UK) LTD · HSBC EQUIPMENT FINANCE (UK) LTD

Created 30/09/2014Registered 08/10/2014
charge
outstanding

HSBC BANK PLC

Created 08/10/2010Registered 12/10/2010
charge
satisfied

ROBINSON WEBSTER DIVERSIFIED INVESTMENTS LIMITED

Created 11/01/2001Registered 01/02/2001Satisfied 27/06/2009
charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 19/01/2000Registered 27/01/2000
charge
outstanding

MIDLAND BANK PLC

Created 25/06/1997Registered 04/07/1997

CompanyRankvs 14570+ SIC 46470 peers
31

Financial strength0th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.89× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
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.

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

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 co

Key FinancialsYear ending 30/09/2025

Turnover

£59.2M

Annual revenue

Net Worth

-£2.7M

Balance sheet strength

Cash

£3.5M

Cash in the bank

Profit Before Tax

£4.3M

Bottom line earnings

Net Current Assets

-£3.1M

Working capital

Current Assets

£25.6M

Current Liabilities

£28.8M

Fixed Assets

£897k

Debtors

£11.8M

Cost of Sales

£29.0M

Gross Profit

£30.2M

Admin Expenses

£13.5M

Operating Profit

£4.5M

Profit After Tax

£3.2M

318avg. employees

Tax at Year End

Corp tax£2k

People Costs

Wages & salaries£12.0M
NI contributions£1.4M

Balance Sheet

Intangible assets£255k
Assets less current liabilities-£2.2M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.89+£0
20250.89+£2.9M
20240.80

Derived from filed accounts. Not audited figures.