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Churchill Business Finance Limited

04040985

liquidation
Private Limited Company
england wales
Companies House
2 outstanding charges
Insolvency history
Health Score
N/A

Details

THE SILVERWORKS, BIRMINGHAM, B3 1TX
Incorporated 26/07/2000

Compliance

Last accounts

31/12/2020

total exemption full

Next accounts due

30/09/2022

Overdue

Confirmation statement

Last: 28/02/2022

Due 14/03/2023

Overdue

Industry

64910
Financial leasing

Officers

Mr John Trevor Golby

director · Since 26/07/2000

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 75

Also on 27 other boards

Mr Roger Michael Warner

director · Since 01/11/2000

CONSULTANT

ENGLISH · ENGLAND · Age 75

Also on 6 other boards

Mr John Trevor Golby

secretary · Since 23/06/2001

BRITISH · UNITED KINGDOM · Age 75

Also on 27 other boards

Persons with Significant Control

Mr Roger Michael Warner

25–50% shares

English · England · Age 75

Whitebirch House, Markers, Cullompton, EX15 3DZ

Notified 19/12/2021

Mr John Trevor Golby

25–50% shares

British · United Kingdom · Age 75

88, Gladbeck Way, Enfield, EN2 7EL

Notified 19/12/2021

Charges2 outstanding

A registered charge
outstanding

Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)

Created 15/01/2019Registered 17/01/2019
A registered charge
fully satisfied

Seneca Captial Limited

Created 21/04/2017Registered 24/04/2017Satisfied 21/01/2019
A registered charge
fully satisfied

Aldermore Bank PLC

Created 28/05/2014Registered 10/06/2014Satisfied 21/01/2019
A registered charge
fully satisfied

Shawbrook Bank Limited

Notification of addition to or amendment of charge.

Created 04/11/2013Registered 06/11/2013Satisfied 21/01/2019
A registered charge
outstanding

Arkle Finance Limited

Notification of addition to or amendment of charge.

Created 01/07/2013Registered 05/07/2013
Block discounting agreement
fully satisfied

Hitachi Capital (UK) PLC

First floating charge over all the company's right title and interest (both present and future) in and to the assets and the purchased receivables,the agreements see image for full details.

All monies due or to become due from the company to the chargee under the terms of the aforementioned instrument creating or evidencing the charge

Created 05/01/2012Registered 20/01/2012Satisfied 30/08/2022
Guarantee and charge
fully satisfied

Sg Equipment Finance Limited

First fixed charge the equipment and all the chargor's rights in and to it. See the mortgage charge document for full details.

All monies due or to become due from the company to the chargee under the terms of the aforementioned instrument creating or evidencing the charge

Created 26/09/2006Registered 13/10/2006Satisfied 26/07/2013
Guarantee and charge
fully satisfied

Sg Equipment Finance Limited

By way of first fixed charge the equipment and all the chargor's rights in and to it. See the mortgage charge document for full details.

All monies due or to become due from the company to the chargee under the terms of the aforementioned instrument creating or evidencing the charge

Created 30/06/2006Registered 14/07/2006Satisfied 26/07/2013
Guarantee and charge
fully satisfied

Sg Equipment Finance Limited

By way of first fixed charge the equipment and all the rights in and to it. See the mortgage charge document for full details.

All monies due or to become due from the company to the chargee under the terms of the aforementioned instrument creating or evidencing the charge

Created 02/05/2006Registered 19/05/2006Satisfied 26/07/2013
Guarantee and charge
fully satisfied

Sg Equipment Finance Limited

The equipment and all the rights in and to it. Equipment means the equipment leased to the customer. See the mortgage charge document for full details.

All monies due or to become due from the company to the chargee under the terms of the aforementioned instrument creating or evidencing the charge

Created 01/04/2006Registered 18/04/2006Satisfied 26/07/2013
Guarantee and charge
fully satisfied

Sg Equipment Finance Limited

First fixed charge the equipment and all the rights in and to it. See the mortgage charge document for full details.

All monies due or to become due from the company to the chargee on any account whatsoever under the terms of the aforementioned instrument creating or evidencing the charge

Created 27/01/2006Registered 02/02/2006Satisfied 26/07/2013
Guarantee and charge
fully satisfied

Sg Equipment Finance Limited

Fixed charge the equipment and all rights in and to it. See the mortgage charge document for full details.

All monies due or to become due from the company to the chargee under the terms of the aforementioned instrument creating or evidencing the charge

Created 28/12/2005Registered 29/12/2005Satisfied 26/07/2013
Guarantee and charge
fully satisfied

Sg Equipment Finance Limited

All the chargors rights in and to the equipment. See the mortgage charge document for full details.

All monies due or to become due from the company to the chargee under the terms of the aforementioned instrument creating or evidencing the charge

Created 30/11/2005Registered 10/12/2005Satisfied 26/07/2013
Guarantee and charge
fully satisfied

Sg Equipment Finance Limited

The equipment being 3 workstation pc 4 flat screen monitors 1 server pc for further details of the equipment charged please refer to form 395. see the mortgage charge document for full details.

All monies due or to become due from the company to the chargee under the terms of the aforementioned instrument creating or evidencing the charge

Created 28/10/2005Registered 02/11/2005Satisfied 26/07/2013
Guarantee and charge
fully satisfied

Sg Equipment Finance Limited

Crosslink LTD lease no 3306001059, vitesse media PLC lease no 3305001060 and mint financial services LTD lease no 3305001061 as per schedule for details of equipment please refer to form 395. see the mortgage charge document for full details.

All monies due or to become due from the company to the chargee under the terms of the aforementioned instrument creating or evidencing the charge

Created 30/09/2005Registered 13/10/2005Satisfied 26/07/2013
Guarantee and charge
fully satisfied

Sg Equipment Finance Limited

First fixed charge the equipment and all the chargors rights in and to it. See the mortgage charge document for full details.

All monies due or to become due from the company to the chargee under the terms of the aforementioned instrument creating or evidencing the charge

Created 23/08/2005Registered 03/09/2005Satisfied 26/07/2013
Guarantee and charge
fully satisfied

Sg Equipment Finance Limited

First fixed charge the equipment and all the chargors rights in and to it. See the mortgage charge document for full details.

All monies due or to become due from the company to the chargee under the terms of the aforementioned instrument creating or evidencing the charge

Created 28/07/2005Registered 02/08/2005Satisfied 26/07/2013
Guarantee and charge
fully satisfied

Sg Equipment Finance Limited

The equipment and all rights in and to it. See the mortgage charge document for full details.

All monies due or to become due from the company to the chargee under the terms of the aforementioned instrument creating or evidencing the charge

Created 30/06/2005Registered 07/07/2005Satisfied 26/07/2013
Guarantee and charge
fully satisfied

Sg Equipment Finance Limited

Teh rights into the equipment. See the mortgage charge document for full details.

All monies due or to become due from the company to the chargee under the terms of the aforementioned instrument creating or evidencing the charge

Created 31/05/2005Registered 15/06/2005Satisfied 26/07/2013
Gurantee and charge
fully satisfied

Sg Equipment Finance Limited

Iremit global remittance LTD lease number 3305001015 farm communications LTD lease number 3305001016 emg anglia LTD lease number 3305001017 for further details of the equipment charged please refer to form 395. see the mortgage charge document for full details.

All monies due or to become due from the company to the chargee under the terms of the aforementioned instrument creating or evidencing the charge

Created 29/04/2005Registered 07/05/2005Satisfied 03/08/2013
Guarantee and charge
fully satisfied

Sg Equipment Finance Limited

Laing & carroll LTD lease number 3305001001 per fast fit station LTD lease number 3305001002 spicemania restaurants LTD lease number 3305001003 for further details of the equipment charged please refer to form 395. see the mortgage charge document for full details.

All monies due or to become due from the company to the chargee under the terms of the aforementioned instrument creating or evidencing the charge

Created 29/04/2005Registered 07/05/2005Satisfied 26/07/2013
Chattel mortgage
fully satisfied

Yorkshire Bank PLC

All the conveyor/copiers/franking machines/computer/sound system and all associated equipment in the rental agreement dated 12 february 2004. all additions, alterations, accessories, replacements and renewals together with teh benefit of any obligations and warranties.

All monies due or to become due from the company to the chargee under the terms of the aforementioned instrument creating or evidencing the charge

Created 17/03/2004Registered 19/03/2004Satisfied 26/07/2013
Chattel mortgage
fully satisfied

Yorkshire Bank PLC

All the office equipment printers copiers converters & telephone systems comprised in the rental agreements described in listing schedules signed by the company and dated 15 december 2003 supplemental to a block discount master agreement made on the 3 december 2003 between (1) yorkshire bank PLC and (2) the company. See the mortgage charge document for full details.

All monies due or to become due from the company to the chargee under the terms of the aforementioned instrument creating or evidencing the charge

Created 30/12/2003Registered 31/12/2003Satisfied 26/07/2013
Block discount master agreement
fully satisfied

Yorkshire Bank PLC

First fixed charge over all goods which are comprised in rental agreements from time to time purchased by the chargee from the company pursuant to the master agreement.

All monies due or to become due from the company to the chargee under the terms of the aforementioned instrument creating or evidencing the charge

Created 03/12/2003Registered 13/12/2003Satisfied 03/08/2013
Guarantee & debenture
fully satisfied

Barclays Bank PLC

Fixed and floating charges over the undertaking and all property and assets present and future including goodwill bookdebts uncalled capital buildings fixtures fixed plant and machinery.

All monies due or to become due from the company and/or all or any of the other companies named therein to the chargee on any account whatsoever

Created 07/08/2003Registered 16/08/2003Satisfied 21/01/2019

Insolvency History1 case

creditors voluntary liquidation29/09/2022

Andrew Turpin (practitioner)

CompanyRankvs 15+ SIC 64910 peers
22

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.39× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -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.

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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/12/2020

Net Worth

£5k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

£52k

Working capital

Current Assets

£187k

Current Liabilities

£135k

Fixed Assets

£35k

Debtors

£174k

2avg. employees

Balance Sheet

Bank loans & overdrafts£44k
Assets less current liabilities£87k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20201.39+£301
20191.03-£7k
20180.96

Derived from filed accounts. Not audited figures.