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Southco Manufacturing Limited

04328069

active
ltd
england wales
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

Touchpoint, Wainwright Road, 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: 26/06/2026

Due 10/07/2027

On track

Industry

25720
Manufacture of locks and hinges

Officers

Mr. Philip Kempson

director · Since 01/05/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 2 other boards

Mrs Rosalind Spinage

director · Since 01/08/2018

FINANCE DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 7 other boards

Mr Daniel Bush

director · Since 20/09/2022

ACCOUNTANT

BRITISH · ENGLAND · Age 43

Also on 12 other boards

Philip Kempson

director · Since 01/05/2018

British · United Kingdom · Age 53

Rosalind Spinage

director · Since 01/08/2018

British · United Kingdom · Age 54

Daniel Bush

director · Since 20/09/2022

British · England · Age 43

Former

Christopher Howard Marsh

director · Resigned 04/08/2002

Thomas Rudlof Mehler

director · Resigned 22/07/2003

James Lodge

director · Resigned 29/03/2004

James Lodge

secretary · Resigned 29/03/2004

Scott Duncan

director · Resigned 15/12/2004

James Lodge

director · Resigned 18/12/2006

Lutz Richter

director · Resigned 31/12/2007

Stephen Edward Annetts

director · Resigned 31/12/2008

David Drury Brimble

secretary · Resigned 11/03/2009

David Drury Brimble

director · Resigned 09/06/2009

Thomas Russell Pender

director · Resigned 31/12/2009

David Forrest Mongomery

director · Resigned 20/01/2011

Quintin Potgieter

secretary · Resigned 26/01/2016

Alan Louis Eisen

director · Resigned 31/08/2017

Susan Louise Harding

director · Resigned 01/08/2018

Quintin Potgieter

director · Resigned 01/08/2018

Pascal Testeil

director · Resigned 01/08/2018

Paul Brown

director · Resigned 01/08/2018

Douglas D. Macpherson

director · Resigned 01/08/2018

Isobel Gillott

secretary · Resigned 26/04/2019

Andrew Jonathan Evans

secretary · Resigned 16/09/2022

Isobel Jane Gillott

director · Resigned 01/08/2024

Charges3 outstanding

Charge
outstanding

PNC BANK, NATIONAL ASSOCIATION

Created 02/08/2022Registered 09/08/2022
Charge
outstanding

PNC BANK, NATIONAL ASSOCIATION

Created 16/10/2018Registered 22/10/2018
charge
outstanding

PNC BANK, NATIONAL ASSOCIATION (AS AGENT FOR THE SECURED PARTIES)

Created 28/01/2011Registered 15/02/2011

Change History

statusactive
2026-07-08

Active

typeltd
2026-07-08

Private Limited Company

address line1Touchpoint
2026-07-08

TOUCHPOINT

post townWorcester
2026-07-08

WORCESTER

CompanyRankvs 15+ SIC 25720 peers
70

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.45× · 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 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

Outstanding charges: -10 pts

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

Going Concern Doubt

that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations

Key FinancialsYear ending 31/12/2025

Turnover

£104.1M

Annual revenue

Net Worth

£69.9M

Balance sheet strength

Cash

£1.2M

Cash in the bank

Profit Before Tax

£3.8M

Bottom line earnings

Net Current Assets

£58.7M

Working capital

Current Assets

£91.8M

Current Liabilities

£26.6M

Fixed Assets

£35.8M

Debtors

£83.0M

Cost of Sales

£66.5M

Gross Profit

£37.6M

Admin Expenses

£35.7M

Operating Profit

£1.9M

Profit After Tax

-£6.7M

243avg. employees-29

Tax at Year End

Corp tax£208k
Dividends paid£5.9M

People Costs

Wages & salaries£13.2M
NI contributions£2.0M

Balance Sheet

Intangible assets£1.4M
Assets less current liabilities£94.6M
Prepared with Financials UK FRS 102

EstimatesDerived

YearCurrent RatioImplied Profit
20253.45-£11.6M
20244.25-£11.4M
20234.20

Derived from filed accounts. Not audited figures.