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Bearing Warehouse Limited

03948837

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

UNIT 13-15 NUTWOOD TRAD EST, SHEFFIELD, S6 1NJ
Incorporated 16/03/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade

Officers

Mrs Sarah Lee-Sowter

secretary · Since 16/05/2000

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 29 other boards

Mrs Sarah Lee-Sowter

director · Since 16/05/2000

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 29 other boards

Christopher John Parish

director · Since 01/11/2001

DIRECTOR

BRITISH · Age 55

Mr Robert Mathew Weston

director · Since 26/04/2019

DIRECTOR

BRITISH · ENGLAND · Age 43

Persons with Significant Control

Mrs Sarah Lee-Sowter

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 59

Flat 29, West Mansions, 18 Heene Terrace, Worthing, BN11 3NT

Notified 21/03/2022

Former PSCs

Mr Martin Sowter

Ceased 22/03/2022

Charges2 outstanding

Charge
outstanding

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE AND YORKSHIRE BANK)

Created 02/07/2013Registered 04/07/2013
charge
outstanding

BBL (GROUP) LIMITED

Created 08/10/2009Registered 27/10/2009

CompanyRankvs 5934+ SIC 46900 peers
56

Financial strength41th percentile among SIC peers · 10/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.15× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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5934Bearing Warehouse Limited
66
How is this score calculated?
Financial strength10/25 pts

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

Employees14/15 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2024

Net Worth

£180

Balance sheet strength

Cash

£683k

Cash in the bank

Net Current Assets

£531k

Working capital

Current Assets

£4.1M

Current Liabilities

£3.5M

Debtors

£2.5M

15avg. employees-1

Balance Sheet

Assets less current liabilities£532k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20241.15
20231.19
20221.13
20211.15
20201.15
20191.20
20181.24

Derived from filed accounts. Not audited figures.