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Franklin Products Limited

03662925

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

20 VINCENT AVENUE, MILTON KEYNES, MK8 0AB
Incorporated 05/11/1998

Compliance

Last accounts

31/12/2024

medium

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 05/11/2025

Due 19/11/2026

On track

Industry

32990
Other manufacturing

Officers

Miss Kerri-Lynn Picard

director · Since 21/12/2012

PRESIDENT

AMERICAN · UNITED STATES · Age 57

Also on 1 other board

Charges0 outstanding

charge
satisfied

SIEMENS BENEFITS SCHEME LIMITED

Created 11/10/2001Registered 26/10/2001Satisfied 12/08/2021

CompanyRankvs 204+ SIC 32990 peers
79

Financial strength96th percentile among SIC peers · 24/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.73× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

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

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 director with respect to going con

Key FinancialsYear ending 31/12/2024

Turnover

£16.3M

Annual revenue

Net Worth

£2.9M

Balance sheet strength

Cash

£1.6M

Cash in the bank

Profit Before Tax

£1.4M

Bottom line earnings

Net Current Assets

£4.2M

Working capital

Current Assets

£6.6M

Current Liabilities

£2.4M

Fixed Assets

£103k

Debtors

£3.3M

Cost of Sales

£11.3M

Gross Profit

£5.0M

Admin Expenses

£3.6M

Operating Profit

£1.4M

Profit After Tax

£1.2M

177avg. employees+2

Tax at Year End

Corp tax£227k

People Costs

Wages & salaries£3.3M
NI contributions£84k

Balance Sheet

Assets less current liabilities£4.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.73+£1.2M
20232.43+£582k
20221.26
20210.94
20201.00

Derived from filed accounts. Not audited figures.