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Sng Group Limited

03583719

active
Private Limited Company
Companies House
Health Score
82 / 100

Healthy

30/30
Filing
20/30
Financial
32/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

THE HERITAGE BUILDING, BRIDGNORTH, WV15 6AP
Incorporated 18/06/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

29310
Manufacture of electrical and electronic equipment for motor vehicles
29320
Manufacture of other parts and accessories for motor vehicles

Officers

Mr Julian Govan Barratt

director · Since 06/02/2003

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 6 other boards

Mr Julian Govan Barratt

secretary · Since 19/11/2010

Also on 6 other boards

Mr Benjamin Smart

director · Since 13/12/2024

DIRECTOR

BRITISH · UNITED STATES · Age 45

Also on 5 other boards

Persons with Significant Control

Radial Automotive Uk Holding Company Ltd

75–100% shares
75–100% votes

Triumph House, Sleaford Road, Lincoln, LN4 2NA

Reg: 15612693 · Companies House · Private Limited Company

Notified 11/02/2025

Former PSCs

Mr Julian Govan Barratt

Ceased 29/10/2024

Olphine Holdings Limited

Ceased 11/02/2025

Charges4 outstanding

Charge
outstanding

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outstanding

PRINCIPAL GLOBAL INVESTORS, LLC

Created 11/03/2025Registered 27/03/2025
Charge
outstanding

SANTANDER UK PLC

Created 17/08/2022Registered 26/08/2022
Charge
satisfied

SANTANDER UK PLC

Created 17/08/2022Registered 20/08/2022Satisfied 31/08/2022
charge
satisfied

HSBC BANK PLC

Created 30/08/2012Registered 06/09/2012Satisfied 20/08/2022
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HSBC BANK PLC

Created 20/08/2012Registered 22/08/2012Satisfied 20/08/2022
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satisfied

NATIONAL WESTMINSTER BANK PLC

Created 05/11/2010Registered 05/11/2010Satisfied 13/11/2012
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 22/02/1999Registered 11/03/1999Satisfied 11/07/2013

CompanyRankvs 31+ SIC 29310 peers
61

Financial strength97th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.5× · 12/20
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 strength24/25 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.

Liquidity12/20 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

£14.4M

Annual revenue

Net Worth

£3.4M

Balance sheet strength

Cash

£1.2M

Cash in the bank

Profit Before Tax

£493k

Bottom line earnings

Net Current Assets

£2.1M

Working capital

Current Assets

£6.3M

Current Liabilities

£4.2M

Fixed Assets

£1.5M

Debtors

£876k

Cost of Sales

£9.0M

Gross Profit

£5.4M

Admin Expenses

£4.8M

Operating Profit

£641k

Profit After Tax

£429k

86avg. employees-9

Tax at Year End

Corp tax£87k
Dividends paid-£2.0M

People Costs

Wages & salaries£3.5M
NI contributions£312k

Balance Sheet

Bank loans & overdrafts£10k
Assets less current liabilities£3.6M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.50
20232.32
20222.00
20213.05
20202.21+£86k
20192.64

Derived from filed accounts. Not audited figures.