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M. Wright & Sons Limited

04105474

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

QUORN MILLS, LOUGHBOROUGH, LE12 8FZ
Incorporated 10/11/2000

Compliance

Last accounts

29/11/2024

full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 30/10/2025

Due 13/11/2026

On track

Industry

13960
Manufacture of other technical and industrial textiles

Officers

Mr George Michael Fergus Wright

director · Since 01/12/2004

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 2 other boards

Mr Graham Leslie Fisher

director · Since 15/08/2006

DIRECTOR

BRITISH · ENGLAND · Age 73

Also on 8 other boards

Mr Charles Goodson Maltby

director · Since 12/05/2008

SHIP MANAGER

BRITISH · ENGLAND · Age 55

Also on 15 other boards

Mrs Marie Elizabeth Carver

secretary · Since 01/04/2009

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 58

Also on 13 other boards

Mrs Marie Elizabeth Carver

director · Since 01/04/2009

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 58

Also on 13 other boards

Persons with Significant Control

Mr George Michael Fergus Wright

25–50% shares

British · England · Age 58

Quorn Mills, Loughborough, LE12 8FZ

Notified 06/04/2016

Charges2 outstanding

charge
outstanding

LLOYDS TSB BANK PLC

Created 02/03/2006Registered 04/03/2006
charge
outstanding

LLOYDS TSB BANK PLC

Created 02/03/2006Registered 04/03/2006
charge
satisfied

FAIR RESERVE LIMITED

Created 09/10/2002Registered 10/10/2002Satisfied 22/03/2006
charge
satisfied

YORKSHIRE BANK PLC

Created 04/07/2002Registered 05/07/2002Satisfied 04/06/2008
charge
satisfied

YORKSHIRE BANK PLC

Created 09/10/2001Registered 16/10/2001Satisfied 04/06/2008

CompanyRankvs 15+ SIC 13960 peers
69

Financial strength95th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.38× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -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 29/11/2024

Turnover

£2.9M

Annual revenue

Net Worth

£4.0M

Balance sheet strength

Cash

£628k

Cash in the bank

Profit Before Tax

-£352k

Bottom line earnings

Net Current Assets

£2.6M

Working capital

Current Assets

£3.7M

Current Liabilities

£1.1M

Fixed Assets

£1.5M

Debtors

£971k

Cost of Sales

£3.0M

Gross Profit

£924k

Admin Expenses

£1.7M

Profit After Tax

-£263k

58avg. employees+1

People Costs

Wages & salaries£1.8M
NI contributions£174k

Balance Sheet

Bank loans & overdrafts£125k
Assets less current liabilities£4.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20243.38-£193k
20233.94-£366k
20224.82-£305k
20207.77

Derived from filed accounts. Not audited figures.