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Smartcomm Ltd

03800523

in administration/administrative receiver
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

THE AQUARIUM BUILDING, READING, RG1 2AN
Incorporated 05/07/1999

Compliance

Last accounts

31/12/2022

full

Accounts

Up to date

Confirmation statement

Last: 28/05/2024

Due

On track

Industry

82990
Other business support service activities

Officers

Mr. Steven Ambrose Worrell

director · Since 01/01/2000

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 9 other boards

Mark Calder

secretary · Since 01/08/2003

FINANCE MANAGER

BRITISH · Age 53

Andrew John Stearn

director · Since 04/01/2005

DIRECTOR

BRITISH · Age 61

Mr Alex Godfrey

director · Since 02/01/2014

DIRECTOR

BRITISH · ENGLAND · Age 48

Persons with Significant Control

Mr Roger John Kendrick

25–50% shares
25–50% votes

British · England · Age 81

Braye House, Egypt Lane, Slough, SL2 3LF

Notified 06/04/2016

Mr Steven Worrell

25–50% shares
25–50% votes

British · United Kingdom · Age 57

The Aquarium Building, King Street, Reading, RG1 2AN

Notified 29/09/2017

Former PSCs

Mrs Patricia Worrell

Ceased 29/09/2017

Insolvency History1 case

in administration

Paul Ellison (practitioner) · David Ronald Taylor (practitioner)

CompanyRankvs 15+ SIC 82990 peers
16

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.98× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Insolvency history -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.

Liquidity6/20 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

Insolvency history: -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 concern are d

Key FinancialsYear ending 31/12/2022

Turnover

£22.9M

Annual revenue

Net Worth

£92k

Balance sheet strength

Cash

£909k

Cash in the bank

Profit Before Tax

-£774k

Bottom line earnings

Net Current Assets

-£131k

Working capital

Current Assets

£7.9M

Current Liabilities

£8.1M

Fixed Assets

£726k

Debtors

£6.0M

Cost of Sales

£20.1M

Gross Profit

£2.9M

Admin Expenses

£3.5M

Operating Profit

-£648k

Profit After Tax

-£774k

107avg. employees+6

People Costs

Wages & salaries£5.0M
NI contributions£600k

Balance Sheet

Bank loans & overdrafts£693k
Assets less current liabilities£595k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20220.98-£774k
20211.13

Derived from filed accounts. Not audited figures.