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The Specialist Works Limited

04604217

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

94 WHITE LION STREET, LONDON, N1 9PF
Incorporated 29/11/2002

Compliance

Last accounts

31/03/2025

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 11/01/2026

Due 25/01/2027

On track

Industry

73110
Advertising agencies

Officers

Mr Martin Mark Woolley

director · Since 21/12/2009

SALES DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 2 other boards

Mr Parry Jones

director · Since 21/05/2012

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 42

Mr Thomas Wilson

director · Since 23/03/2015

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 44

Mr Richard Downey

director · Since 06/05/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 50

Mr Matthew Pover

director · Since 06/05/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 1 other board

Mr Matthew Whelan

director · Since 06/05/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 43

Persons with Significant Control

What's Possible Marketing Group Limited

75–100% shares
75–100% votes

94, White Lion Street, London, N1 1PF

Reg: 11450828 · Companies House · Private Limited Company

Notified 14/08/2018

Former PSCs

Mr Conrad Simon James Lewcock

Ceased 14/08/2018

Charges2 outstanding

Charge
satisfied

CONRAD SIMON JAMES LEWCOCK

Created 14/08/2018Registered 21/08/2018Satisfied 03/04/2025
Charge
outstanding

SANTANDER UK PLC

Created 14/08/2018Registered 15/08/2018
Charge
outstanding

SANTANDER UK PLC

Created 14/08/2018Registered 15/08/2018
Charge
satisfied

NICK ILLSTON AS SECURITY TRUSTEE

Created 10/07/2017Registered 25/07/2017Satisfied 01/08/2018
Charge
satisfied

MATTHEW POVER · JAMES BARTYS · DAVID SWANNELL · DOMINIC BENTON AS SECURITY TRUSTEE

Created 13/02/2015Registered 02/03/2015Satisfied 05/07/2017
Charge
satisfied

BARCLAYS BANK PLC

Created 13/02/2015Registered 19/02/2015Satisfied 08/08/2018
Charge
satisfied

BARCLAYS BANK PLC

Created 07/11/2013Registered 08/11/2013Satisfied 08/08/2018
Charge
satisfied

BARCLAYS BANK PLC

Created 31/10/2013Registered 05/11/2013Satisfied 08/08/2018
charge
satisfied

DONATING CHARITY LIMITED AND HURDALE CHARITY LIMITED

Created 08/03/2012Registered 09/03/2012Satisfied 20/02/2025

CompanyRankvs 2048+ SIC 73110 peers
56

Financial strength77th percentile among SIC peers · 19/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.34× · 12/20
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 strength19/25 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.

Liquidity12/20 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 concern are d

Key FinancialsYear ending 31/12/2020

Turnover

£87.7M

Annual revenue

Net Worth

£19k

Balance sheet strength

Cash

£10.4M

Cash in the bank

Profit Before Tax

£1.8M

Bottom line earnings

Net Current Assets

£9.7M

Working capital

Current Assets

£37.9M

Current Liabilities

£28.2M

Fixed Assets

£10.9M

Debtors

£27.5M

Cost of Sales

£76.9M

Gross Profit

£10.8M

Admin Expenses

£9.7M

Operating Profit

£1.8M

Profit After Tax

£1.4M

117avg. employees-21

Tax at Year End

Corp tax£203k

People Costs

Wages & salaries£5.5M
NI contributions£628k

Balance Sheet

Assets less current liabilities£20.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20201.34-£19.1M
20191.26

Derived from filed accounts. Not audited figures.