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Minster Distribution Ltd

03651038

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

DARWIN HOUSE, BROMSGROVE, B61 7JJ
Incorporated 16/10/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46130
Agents involved in the sale of timber and building materials

Officers

Mr Simon Underhill

director · Since 01/07/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 10 other boards

Persons with Significant Control

Mrs Jean Wells

50–75% shares
50–75% votes
Appoint directors

British · England · Age 79

93, Woodthorpe Drive, Bewdley, DY12 2RL

Notified 06/04/2016

Mr Simon Underhill

Significant control

British · England · Age 40

Cherry Cottage, Cleobury Mortimer, Kidderminster, DY14 8LG

Notified 01/07/2022

Former PSCs

Mr David Graham Baldwin

Ceased 19/03/2020

Mr Nigel Gordon Chard

Ceased 19/03/2020

Mr Kenneth Leslie Morris

Ceased 26/10/2017

Charges3 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 26/06/2023Registered 27/06/2023
Charge
outstanding

HSBC UK BANK PLC

Created 13/06/2023Registered 22/06/2023
Charge
satisfied

ALFANDARI PRIVATE EQUITIES LTD

Created 10/01/2019Registered 10/01/2019Satisfied 01/03/2019
charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 11/11/2003Registered 12/11/2003
charge
satisfied

HSBC BANK PLC

Created 22/11/2000Registered 23/11/2000Satisfied 30/05/2022

CompanyRankvs 15+ SIC 46130 peers
40

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 2.41× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees0/15 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2022

Net Worth

£521k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

£721k

Working capital

Current Assets

£1.2M

Current Liabilities

£513k

Fixed Assets

£13k

Debtors

£38k

14avg. employees

Tax at Year End

Corp tax£10k

Balance Sheet

Assets less current liabilities£734k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20222.41-£17k
20211.64+£107k
20201.89+£28k£1.9M
20191.64+£50k£1.6M
20181.63

Derived from filed accounts. Not audited figures.