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Ams Plumbing Supplies Limited

03573421

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

VOTEC HOUSE, NEWBURY, RG14 5TN
Incorporated 02/06/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

99999
Dormant company

Officers

Mr Leo Yu

secretary · Since 01/05/2023

Also on 86 other boards

Mr Steven Westbrook

director · Since 01/05/2023

CHIEF EXECUTIVE

BRITISH · ENGLAND · Age 70

Also on 26 other boards

Mr Leo Yu

director · Since 01/05/2023

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 86 other boards

Persons with Significant Control

Ams Plumbing Supplies Holdings Limited

75–100% shares
75–100% votes

C/O Langtons The Plaza, 100 Old Hall Street, Liverpool, L3 9QJ

Reg: 11712311 · England And Wales · Private Company Limited By Shares

Notified 14/12/2018

Former PSCs

Ams Plumbers Merchants Ltd

Ceased 14/12/2018

Charges2 outstanding

charge
outstanding

RBS INVOICE FINANCE LIMITED

Created 02/05/2008Registered 08/05/2008
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 02/11/2004Registered 05/11/2004

CompanyRankvs 34+ SIC 99999 peers
70

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.78× · 20/20
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 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.

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

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

that are free from material misstatement, whether due to fraud or error. In preparing the financial statements , the directors are responsible for assessing the Company 's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the Company or to cease opera

Key FinancialsYear ending 31/12/2023

Turnover

£5.2M

Annual revenue

Net Worth

£7.8M

Balance sheet strength

Cash

£159k

Cash in the bank

Profit Before Tax

£838k

Bottom line earnings

Net Current Assets

£7.8M

Working capital

Current Assets

£7.8M

Current Liabilities

£2.8M

Fixed Assets

£621k

Debtors

£7.8M

Cost of Sales

£3.1M

Gross Profit

£2.1M

Admin Expenses

£1.2M

Operating Profit

£854k

Profit After Tax

£659k

60avg. employees+6

Tax at Year End

Corp tax£435k

People Costs

Wages & salaries£558k
NI contributions£45k

Balance Sheet

Bank loans & overdrafts£10k
Assets less current liabilities£7.8M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20232.78+£659k
20223.44+£1.9M
20212.98+£1.2M
20203.00+£1.1M
20192.20+£626k
20181.78

Derived from filed accounts. Not audited figures.