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Nabco Direct Limited

04726542

active
Private Limited Company
Companies House
Health Score
77 / 100

Some Concerns

25/30
Filing
20/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • 4 outstanding charges (-8)

Details

UNIT 5A BRICK KNOLL PARK, ST. ALBANS, AL1 5UG
Incorporated 08/04/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade

Officers

Mr Thirushanthan Satyadheva

director · Since 01/04/2020

COMMERCIAL DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 3 other boards

Persons with Significant Control

Nabco Group Limited

75–100% shares

Unit 5a Brick Knoll Park, Ashley Road, St Albans, AL1 5UG

Notified 22/10/2021

Former PSCs

Mr Nigel Anthony Bass

Ceased 22/10/2021

Charges4 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 22/09/2022Registered 29/09/2022
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 13/04/2022Registered 19/04/2022
Charge
satisfied

LLOYDS BANK COMMERCIAL FINANCE LTD

Created 31/07/2019Registered 31/07/2019Satisfied 20/10/2022
Charge
satisfied

ULTIMATE TRADE FINANCE LIMITED

Created 13/04/2016Registered 13/04/2016Satisfied 26/05/2016
Charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 11/12/2015Registered 15/12/2015Satisfied 16/06/2020
Charge
outstanding

HSBC BANK PLC

Created 16/06/2015Registered 30/06/2015
charge
satisfied

HSBC BANK PLC

Created 28/06/2011Registered 29/06/2011Satisfied 26/05/2016
charge
satisfied

HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER")

Created 24/05/2011Registered 26/05/2011Satisfied 25/05/2016
charge
outstanding

HSBC BANK PLC

Created 02/03/2011Registered 04/03/2011

CompanyRankvs 2281+ SIC 46900 peers
69

Financial strength89th percentile among SIC peers · 22/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.13× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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2281Nabco Direct Limited
79
How is this score calculated?
Financial strength22/25 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/09/2024

Net Worth

£448k

Balance sheet strength

Cash

£80k

Cash in the bank

Net Current Assets

£488k

Working capital

Current Assets

£4.2M

Current Liabilities

£3.7M

Debtors

£2.2M

23avg. employees+3

Tax at Year End(2020)

Corp tax£83k

Balance Sheet

Bank loans & overdrafts£1.8M
Assets less current liabilities£488k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.13-£165k—
20231.31-£196k—
20221.34+£121k—
20211.54+£135k—
20201.35+£162k—
20191.22+£81k£260k
20181.19—£913k

Derived from filed accounts. Not audited figures.