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Pad Contracts Limited

04222341

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

CLARE HOUSE, WALTON ON THAMES, KT12 2PU
Incorporated 23/05/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Colin Peter Ayres

director · Since 23/05/2001

CONTRACTS MANAGER

BRITISH · ENGLAND · Age 56

Also on 1 other board

Robert Frederick Day

director · Since 23/05/2001

CONTRACTS MANAGER

BRITISH · ENGLAND · Age 64

Also on 1 other board

Simon Edward George

director · Since 16/11/2004

QUANTITY SURVEYOR

BRITISH · ENGLAND · Age 65

Also on 3 other boards

Mr Laurence Noel Grant

director · Since 19/09/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 72

Also on 1 other board

Mr John Joseph Whelan

director · Since 19/09/2022

COMPANY DIRECTOR

IRISH · ENGLAND · Age 68

Also on 5 other boards

Persons with Significant Control

Whelan & Grant ( Holdings ) Ltd

75–100% shares
Appoint directors

4, Thames Street, Walton-On-Thames, KT12 2PU

Reg: 01165940 · Uk Companies Registry · Limited Company

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

AIB GROUP (UK) PLC

Created 03/05/2005Registered 04/05/2005Satisfied 30/03/2022

CompanyRankvs 83+ SIC 25110 peers
78

Financial strength94th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.84× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

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.

Risk deductions

Going concern doubt: -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 going co

Key FinancialsYear ending 30/06/2025

Turnover

£8.6M

Annual revenue

Net Worth

£2.4M

Balance sheet strength

Cash

£1.4M

Cash in the bank

Profit Before Tax

£295k

Bottom line earnings

Net Current Assets

£2.4M

Working capital

Current Assets

£3.0M

Current Liabilities

£621k

Fixed Assets

£51k

Debtors

£1.6M

Operating Profit

£282k

Profit After Tax

£291k

43avg. employees

Tax at Year End(2024)

Dividends paid£175k

People Costs

Wages & salaries£2.1M
NI contributions£243k

Balance Sheet

Depreciation£22k
Assets less current liabilities£2.4M
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20254.84+£291k
20245.27+£22k
20234.74

Derived from filed accounts. Not audited figures.