Universal Balancing Limited
03633918
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 17/09/2025
Due 01/10/2026
Industry
Officers
director · Since 01/09/2013
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 55
Also on 2 other boards
director · Since 21/10/2015
COMPANY DIRECTOR
BELGIAN · BELGIUM · Age 59
Also on 1 other board
Persons with Significant Control
Equilibrium Industries Limited
12, Douglas Road Industrial Park, Douglas Road, Bristol, BS15 8PD
Reg: 07445549 · Companies House · Limited Company
Notified 06/04/2016
Charges1 outstanding
JPMORGAN CHASE BANK, N.A. AS COLLATERAL AGENT
NATIONAL WESTMINSTER BANK PLC
JPMORGAN CHASE BANK, N.A. AS ADMINISTRATIVE AGENT
JP MORGAN CHASE BANK, N.A
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
BALANCING AND TECHNICAL DEVELOPMENTS LIMITED
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
MIDLAND BANK PLC
CompanyRankvs 20+ SIC 28290 peers69
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
or ∙ the directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the Company's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. Page 4 Universal Balancing Limited Independent Auditor's Report to t
Key FinancialsYear ending 31/12/2019
Turnover
£11.1M
Annual revenue
Net Worth
£13.6M
Balance sheet strength
Cash
£141k
Cash in the bank
Profit Before Tax
-£383k
Bottom line earnings
Net Current Assets
£12.7M
Working capital
Current Assets
£18.0M
Current Liabilities
£5.2M
Fixed Assets
£916k
Debtors
£16.5M
Cost of Sales
£9.0M
Gross Profit
£2.0M
Admin Expenses
£2.8M
Operating Profit
-£732k
Profit After Tax
£75k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2019 | 3.43 |
Derived from filed accounts. Not audited figures.