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Crown Workspace Limited

03250579

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

HERITAGE HOUSE, ENFIELD, EN1 1TW
Incorporated 17/09/1996

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49420
Removal services

Officers

Francis Vivian Hopping

secretary · Since 11/12/2018

Stephen Hardie

director · Since 11/12/2018

British

Barry Anthony Koolen

director · Since 23/11/2018

British

Jonathan Charles Mortimer

director · Since 01/12/2023

British

Former

Stephen Hardie

secretary · Resigned 11/12/2018

Jeremy Stewart Marks

secretary · Resigned 23/11/2018

Robert James Foote

director · Resigned 01/12/2023

Jeremy Stewart Marks

director · Resigned 23/11/2018

David Stanley Muir

director · Resigned 11/12/2018

Philip James Oram

director · Resigned 23/11/2018

David Craig Russinger

director · Resigned 23/11/2018

Alan Thurgood

director · Resigned 14/09/2007

CompanyRankvs 1700+ SIC 49420 peers
76

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.89× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 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.

Liquidity16/20 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

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 31/12/2024

Turnover

£25.1M

Annual revenue

Net Worth

£6.5M

Balance sheet strength

Cash

£1.8M

Cash in the bank

Profit Before Tax

-£1.1M

Bottom line earnings

Net Current Assets

£5.4M

Working capital

Current Assets

£11.5M

Current Liabilities

£6.1M

Fixed Assets

£2.0M

Debtors

£8.7M

Cost of Sales

£17.7M

Gross Profit

£7.3M

Admin Expenses

£8.6M

Operating Profit

-£1.0M

Profit After Tax

-£910k

202avg. employees-4

Tax at Year End(2023)

VAT£715k

People Costs

Wages & salaries£8.2M
NI contributions£891k

Balance Sheet

Intangible assets£94k
Assets less current liabilities£7.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.89-£910k
20232.55-£303k£14.3M
20212.25+£4.3M
20171.75

Derived from filed accounts. Not audited figures.