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System Method Building Limited

04083458

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

DICKENS HOUSE, WITHAM, CM8 1BJ
Incorporated 04/10/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Mr Stephen Tyrone Murphy

director · Since 04/10/2000

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 11 other boards

Nicola Murphy

secretary · Since 12/04/2002

BRITISH

Also on 2 other boards

Mr Karl Pickering

director · Since 25/06/2012

DIRECTOR

BRITISH · UNITED KINGDOM · Age 68

Charges0 outstanding

charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 26/02/2003Registered 04/03/2003Satisfied 26/03/2012

CompanyRankvs 446+ SIC 43999 peers
89

Financial strength98th percentile among SIC peers · 25/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.68× · 20/20
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 strength25/25 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.

Liquidity20/20 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 31/10/2024

Net Worth

£1.9M

Balance sheet strength

Cash

£770k

Cash in the bank

Net Current Assets

£1.9M

Working capital

Current Assets

£2.4M

Current Liabilities

£517k

Fixed Assets

£34k

Debtors

£1.6M

9avg. employees-1

Balance Sheet

Assets less current liabilities£1.9M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.68-£133k
20238.63-£553k
20224.94+£570k
20214.98+£259k
20204.09-£63k
20193.88+£139k
20183.39

Derived from filed accounts. Not audited figures.