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Conveyors Direct (Uk) Limited

03752325

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

THE OTTERS CHURCH ROAD, BUNGAY, NR35 2TJ
Incorporated 14/04/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28220
Manufacture of lifting and handling equipment

Officers

Mr Patrick Lawrence Rackham

secretary · Since 22/01/2004

BRITISH · ENGLAND · Age 67

Also on 37 other boards

Mr Patrick Lawrence Rackham

director · Since 01/07/2021

FINANCE MANAGER

BRITISH · ENGLAND · Age 67

Also on 37 other boards

Persons with Significant Control

Mr Patrick Lawrence Rackham

75–100% shares
75–100% votes

British · England · Age 67

The Otters, Church Road, Bungay, NR35 2TJ

Notified 01/07/2021

Former PSCs

Mr Andrew Whiteside

Ceased 01/05/2023

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 14/02/2001Registered 24/02/2001

CompanyRankvs 529+ SIC 28220 peers
27

Financial strength2th percentile among SIC peers · 1/25
Employees29th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.04× · 2/20
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 strength1/25 pts

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

Employees4/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 30/09/2024

Net Worth

-£43k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£43k

Working capital

Current Assets

£2k

Current Liabilities

£45k

1avg. employees

Balance Sheet

Assets less current liabilities-£43k
Signed by 1.10.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20240.04-£2k
20230.04-£201
20220.03-£13k
20210.21-£1k
20200.53-£2k
20190.61+£6k
20180.80

Derived from filed accounts. Not audited figures.