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Norman Broadbent Executive Search Limited

03326763

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

68 KING WILLIAM STREET, LONDON, EC4N 7HR
Incorporated 03/03/1997

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Mr Peter Searle

director · Since 12/07/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Also on 6 other boards

Mr Kevin Graeme Davidson

director · Since 06/09/2021

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 9 other boards

Mehr Makhdoom Malik

director · Since 16/01/2023

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 2 other boards

Persons with Significant Control

Norman Broadbent Plc

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

68, King William Street, London, EC4N 7HR

Reg: 00318267 · Companies House · Public Limited Company

Notified 06/04/2016

Charges1 outstanding

Charge
satisfied

DOWNING LLP

Created 20/05/2022Registered 26/05/2022Satisfied 16/02/2024
Charge
outstanding

SME INVOICE FINANCE LIMITED

Created 10/02/2021Registered 16/02/2021
Charge
satisfied

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 30/08/2019Registered 02/09/2019Satisfied 18/02/2021
charge
satisfied

LEUMI ABL LIMITED

Created 20/07/2011Registered 23/07/2011Satisfied 23/09/2020
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 17/01/2008Registered 02/02/2008Satisfied 24/05/2016
charge
satisfied

LLOYDS TSB BANK PLC

Created 03/11/2000Registered 14/11/2000Satisfied 24/05/2016
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 25/11/1998Registered 04/12/1998Satisfied 21/12/2000
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 25/11/1998Registered 04/12/1998Satisfied 21/12/2000
charge
satisfied

LLOYDS BANK PLC

Created 14/05/1998Registered 26/05/1998Satisfied 24/05/2016

CompanyRankvs 103577+ SIC 70229 peers
32

Financial strength2th percentile among SIC peers · 1/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.83× · 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 strength1/25 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 31/12/2024

Turnover

£10.9M

Annual revenue

Net Worth

-£76k

Balance sheet strength

Cash

£215k

Cash in the bank

Profit Before Tax

-£171k

Bottom line earnings

Net Current Assets

-£524k

Working capital

Current Assets

£2.5M

Current Liabilities

£3.0M

Debtors

£2.3M

Cost of Sales

£1.6M

Gross Profit

£9.3M

Admin Expenses

£9.4M

Operating Profit

-£129k

Profit After Tax

-£171k

58avg. employees+7

Balance Sheet

Total assets£178k
Assets less current liabilities£43k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.83-£171k
20230.98+£1.7M
20220.57-£964k
20210.84

Derived from filed accounts. Not audited figures.