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George Smith Limited

04410197

active
Private Limited Company
england wales
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

587-589 KINGS ROAD, SW6 2EH
Incorporated 05/04/2002

Compliance

Last accounts

31/12/2024

medium

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 01/12/2025

Due 15/12/2026

On track

Industry

13921
Manufacture of soft furnishings
46470
Wholesale of furniture, carpets and lighting equipment
47599
Retail sale of furniture, lighting equipment and other household articles

Officers

Benedict James Norris Ba Aca

director · Since 01/08/2002

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Mr Steven Thompson

secretary · Since 08/04/2021

Mr James Edwin Athey

director · Since 01/12/2025

BRITISH · ENGLAND · Age 45

Also on 1 other board

Persons with Significant Control

Mr Paul Gaston

25–50% shares

American · United States · Age 67

587-589 Kings Road, SW6 2EH

Notified 06/04/2016

Mr Benedict James Norris

25–50% shares
25–50% votes

British · United States · Age 54

587-589 Kings Road, SW6 2EH

Notified 01/12/2020

Charges2 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 25/04/2022Registered 27/04/2022
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 02/11/2020Registered 04/11/2020
Charge
satisfied

BARCLAYS BANK PLC

Created 13/09/2017Registered 21/09/2017Satisfied 20/02/2020
Charge
satisfied

BARCLAYS BANK PLC

Created 06/06/2014Registered 12/06/2014Satisfied 17/07/2020
charge
satisfied

BARCLAYS BANK PLC

Created 12/03/2009Registered 13/03/2009Satisfied 22/01/2020
charge
satisfied

BARCLAYS BANK PLC

Created 23/12/2004Registered 31/12/2004Satisfied 17/02/2020
charge
satisfied

NORTHERN TRUST COMPANY LIMITED

Created 09/11/2004Registered 13/11/2004Satisfied 17/01/2012

CompanyRankvs 15+ SIC 13921 peers
70

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.53× · 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

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 31/12/2024

Turnover

£8.1M

Annual revenue

Net Worth

£3.3M

Balance sheet strength

Cash

£2.5M

Cash in the bank

Profit Before Tax

£194k

Bottom line earnings

Net Current Assets

£3.0M

Working capital

Current Assets

£5.0M

Current Liabilities

£2.0M

Fixed Assets

£563k

Debtors

£1.3M

Cost of Sales

£4.5M

Gross Profit

£3.6M

Admin Expenses

£3.0M

Operating Profit

£120k

Profit After Tax

£136k

113avg. employees+2

Tax at Year End

Corp tax£20k

People Costs

Wages & salaries£1.7M
NI contributions£182k

Balance Sheet

Intangible assets£1
Assets less current liabilities£3.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.53+£136k
20232.40+£355k
20222.38+£846k
20212.08+£778k
20201.66+£413k
20191.54+£128k
20181.47

Derived from filed accounts. Not audited figures.