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Black Country Saddles Limited

04513414

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

SADDLERS HOUSE CHURCH STREET, CANNOCK, WS11 0DB
Incorporated 16/08/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

15120
Manufacture of luggage, handbags and the like, saddlery and harness

Officers

Robert Cullen

director · Since 16/08/2002

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 69

Also on 3 other boards

Mr John Hartley

director · Since 16/08/2002

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 70

Robert Cullen

secretary · Since 01/04/2008

BRITISH · UNITED KINGDOM · Age 69

Also on 3 other boards

Persons with Significant Control

Mr John Hartley

25–50% shares
25–50% votes
Significant control

British · England · Age 70

Saddlers House, Church Street, Cannock, WS11 0DB

Notified 06/04/2016

Mr Robert Cullen

25–50% shares
25–50% votes
Significant control

British · England · Age 69

Saddlers House, Church Street, Cannock, WS11 0DB

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 05/05/2022Registered 09/05/2022
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 21/02/2022Registered 22/02/2022

CompanyRankvs 193+ SIC 15120 peers
54

Financial strength95th percentile among SIC peers · 24/25
Employees29th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.82× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding 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.

Employees4/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£251k

Balance sheet strength

Cash

£66k

Cash in the bank

Net Current Assets

-£41k

Working capital

Current Assets

£193k

Current Liabilities

£235k

Fixed Assets

£548k

Debtors

£87k

0avg. employees-28

Tax at Year End(2023)

Corp tax£0

Balance Sheet

Intangible assets£109k
Assets less current liabilities£507k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.82-£91k
20241.13-£52k
20231.24-£23k
20221.68+£140k
20211.24-£50k
20201.31-£74k
20191.20

Derived from filed accounts. Not audited figures.