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Zeeco Europe Limited

03831189

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

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

Details

THE WOOLFOX BUILDING, OAKHAM, LE15 7QT
Incorporated 25/08/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28290
28290

Officers

Darton Jones Zink

director · Since 01/09/1999

ACCOUNTANT

AMERICAN · UNITED STATES · Age 55

Mr Nigel Palfreeman

director · Since 01/07/2005

DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Also on 3 other boards

Stephanie Palfreeman

secretary · Since 13/07/2005

MANAGER

BRITISH · UNITED KINGDOM · Age 58

Also on 1 other board

Persons with Significant Control

Mr Darton Jones Zink

75–100% shares

American · United States · Age 55

The Woolfox Building, Great North Road, Oakham, LE15 7QT

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

HSBC BANK PLC

Created 27/10/2014Registered 28/10/2014Satisfied 30/10/2018
charge
satisfied

JPMORGAN CHASE BANK, NA (AS COLLATERAL AGENT FOR EACH OF THE OTHER FINANCE PARTIES AND ITSLF)(T

Created 25/06/2009Registered 13/07/2009Satisfied 29/03/2012
charge
satisfied

J P MORGAN CHASE BANK NA (AS COLLATERAL AGENT FOR EACH OF THE OTHER FINANCE PARTIES AND ITSELF)

Created 12/02/2008Registered 20/02/2008Satisfied 29/03/2012
charge
satisfied

JP MORGAN CHASE BANK, N.A. (THE ADMINISTRATIVE AGENT)

Created 21/02/2007Registered 06/03/2007Satisfied 29/03/2012

CompanyRankvs 218+ SIC 28290 peers
65

Financial strength100th percentile among SIC peers · 25/25
Employees50th percentile among SIC peers · 8/15
LiquidityCurrent ratio 1.3× · 12/20
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 strength25/25 pts

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

Employees8/15 pts

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

Liquidity12/20 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 directors with respect to

Key FinancialsYear ending 31/12/2024

Net Worth

£15.4M

Balance sheet strength

Cash

£4.0M

Cash in the bank

Profit Before Tax

£9.5M

Bottom line earnings

Net Current Assets

£14.1M

Working capital

Current Assets

£61.9M

Current Liabilities

£47.8M

Fixed Assets

£2.0M

Debtors

£2.2M

Admin Expenses

£7.6M

Profit After Tax

£7.3M

2avg. employees-141

Tax at Year End

Corp tax£246k
Dividends paid£1.7M

People Costs

Wages & salaries£15.1M

Balance Sheet

Assets less current liabilities£16.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.30+£5.6M
20231.29+£379k
20221.41+£1.2M
20211.53+£2.0M
20201.58+£1.3M
20191.62+£1.3M
20181.95

Derived from filed accounts. Not audited figures.