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Simon Corrugating Machinery Limited

04646733

active
Private Limited Company
england wales
Companies House
Health Score
74 / 100

Some Concerns

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

Details

UNIT 7 ASHVILLE INDUSTRIAL, RUNCORN, WA7 3EZ
Incorporated 24/01/2003

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 24/01/2026

Due 07/02/2027

On track

Industry

28950
Manufacture of machinery for paper and paperboard production

Officers

Robert Lindsay

director · Since 24/06/2003

DIRECTOR

BRITISH · GERMANY · Age 81

Also on 1 other board

Persons with Significant Control

Mr. Robert Lindsay

75–100% shares

British · Germany · Age 81

Unit 7 Ashville Industrial, Runcorn, WA7 3EZ

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 26/06/2014Registered 03/07/2014
charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 03/08/2006Registered 19/08/2006
charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 16/03/2005Registered 18/03/2005
charge
satisfied

ROULUNDS (UK) LIMITED

Created 25/06/2003Registered 08/07/2003Satisfied 22/06/2006

CompanyRankvs 15+ SIC 28950 peers
62

Financial strength83th percentile among SIC peers · 21/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 4.16× · 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 strength21/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees11/15 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

and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Presentation currency The company's financial statements are presented in sterling. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the compa

Key FinancialsYear ending 31/03/2025

Net Worth

£976k

Balance sheet strength

Cash

£799k

Cash in the bank

Net Current Assets

£741k

Working capital

Current Assets

£975k

Current Liabilities

£234k

Fixed Assets

£289k

Debtors

£157k

4avg. employees

Balance Sheet

Assets less current liabilities£1.0M
Signed by Mr R Lindsay,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20254.16+£137k
20243.83+£23k
20233.76+£67k
20222.78+£22k
20212.02+£2k
20203.25-£2k
20192.02

Derived from filed accounts. Not audited figures.