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Banks Specialist Covers Limited

03838424

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

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

Details

ALEXANDRA HOUSE, SALISBURY, SP1 2SB
Incorporated 09/09/1999

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 09/10/2025

Due 23/10/2026

On track

Industry

32990
Other manufacturing
33190
Repair of other equipment
47789
Other retail sale of new goods in specialised stores

Officers

Wilsons (Company Secretaries) Limited

secretary · Since 09/09/1999

BRITISH

Also on 93 other boards

Mr David Michael Banks

director · Since 25/11/1999

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 11 other boards

Mrs Georgia Caroline Banks

director · Since 25/11/1999

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 2 other boards

Persons with Significant Control

Westray Estates Limited

75–100% shares
75–100% votes

Windover House, Windover House, Salisbury

Reg: 014407932 · England And Wales · Limited Company

Notified 01/11/2016

Mr David Michael Banks

Significant control

British · England · Age 69

Kiln Copse Vineyard, Lodge Hill, Fareham, PO17 6LG

Notified 01/11/2016

CompanyRankvs 8961+ SIC 32990 peers
45

Financial strength2th percentile among SIC peers · 1/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.47× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Employees12/15 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.

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

-£266k

Balance sheet strength

Cash

£22k

Cash in the bank

Net Current Assets

-£264k

Working capital

Current Assets

£239k

Current Liabilities

£503k

Fixed Assets

£3k

Debtors

£41k

10avg. employees

Balance Sheet

Assets less current liabilities-£261k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.47+£17k
20230.50-£49k
20220.52-£38k
20210.59-£22k
20200.60
20190.51
20180.54

Derived from filed accounts. Not audited figures.