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Southco Manufacturing Limited

04328069

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

TOUCHPOINT, WORCESTER, WR4 9FA
Incorporated 23/11/2001

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 27/06/2025

Due 11/07/2026

On track

Industry

25720
Manufacture of locks and hinges

Officers

Daniel Bush

director · Since 20/09/2022

British

Philip Kempson

director · Since 01/05/2018

British

Rosalind Spinage

director · Since 01/08/2018

British

Former

David Drury Brimble

secretary · Resigned 11/03/2009

Andrew Jonathan Evans

secretary · Resigned 16/09/2022

Isobel Gillott

secretary · Resigned 26/04/2019

James Lodge

secretary · Resigned 29/03/2004

Quintin Potgieter

secretary · Resigned 26/01/2016

Stephen Edward Annetts

director · Resigned 31/12/2008

David Drury Brimble

director · Resigned 09/06/2009

Paul Brown

director · Resigned 01/08/2018

Scott Duncan

director · Resigned 15/12/2004

Alan Louis Eisen

director · Resigned 31/08/2017

Isobel Jane Gillott

director · Resigned 01/08/2024

Susan Louise Harding

director · Resigned 01/08/2018

James Lodge

director · Resigned 18/12/2006

James Lodge

director · Resigned 29/03/2004

Douglas D. Macpherson

director · Resigned 01/08/2018

Christopher Howard Marsh

director · Resigned 04/08/2002

Thomas Rudlof Mehler

director · Resigned 22/07/2003

David Forrest Mongomery

director · Resigned 20/01/2011

Thomas Russell Pender

director · Resigned 31/12/2009

Quintin Potgieter

director · Resigned 01/08/2018

Lutz Richter

director · Resigned 31/12/2007

Pascal Testeil

director · Resigned 01/08/2018

CompanyRankvs 105+ SIC 25720 peers
80

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.25× · 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 strength25/25 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

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

Going Concern Doubt

responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern We are responsible for concluding on the appropriateness of the directors’ use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material unce

Key FinancialsYear ending 31/12/2024

Turnover

£95.7M

Annual revenue

Net Worth

£81.5M

Balance sheet strength

Cash

£822k

Cash in the bank

Profit Before Tax

-£8.1M

Bottom line earnings

Net Current Assets

£59.7M

Working capital

Current Assets

£78.1M

Current Liabilities

£18.4M

Fixed Assets

£36.8M

Debtors

£3.0M

Cost of Sales

£65.9M

Gross Profit

£29.8M

Admin Expenses

£38.4M

Operating Profit

-£8.5M

Profit After Tax

-£6.7M

272avg. employees-27

Tax at Year End

Corp tax£208k
Dividends paid-£5.9M

People Costs

Wages & salaries£13.5M
NI contributions£2.0M

Balance Sheet

Intangible assets£1.4M
Assets less current liabilities£96.5M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20244.25-£11.4M
20234.20

Derived from filed accounts. Not audited figures.