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Smithcem K'5 Limited

05161259

active
Private Limited Company
england wales
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

95 BOSTON ROAD, LINCOLNSHIRE, NG34 7HP
Incorporated 23/06/2004

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 23/06/2025

Due 07/07/2026

On track

Industry

20590
Manufacture of other chemical products
68209
Other letting and operating of own or leased real estate

Officers

Mr Kenneth Martin Smith

secretary · Since 23/06/2004

BRITISH · ENGLAND · Age 73

Also on 15 other boards

Chesney Kenneth Smith

director · Since 23/06/2004

DIRECTOR

BRITISH · ENGLAND · Age 44

Mr Kenneth Martin Smith

director · Since 23/06/2004

DIRECTOR

BRITISH · ENGLAND · Age 73

Also on 15 other boards

Jason Charles Phipps

director · Since 26/02/2007

CIVIL ENGINEER

BRITISH · ENGLAND · Age 51

Mr Bonnie Laura Smith

director · Since 26/02/2007

SINGER DANCER

BRITISH · UNITED KINGDOM · Age 38

Also on 1 other board

Persons with Significant Control

Mr Kenneth Martin Smith

75–100% shares

British · England · Age 73

218a, Grantham Road, Sleaford, NG34 7NU

Notified 06/04/2016

Charges2 outstanding

charge
outstanding

HSBC BANK PLC

Created 04/12/2007Registered 20/12/2007
charge
outstanding

HSBC BANK PLC

Created 23/10/2007Registered 02/11/2007

CompanyRankvs 551+ SIC 20590 peers
35

Financial strength23th percentile among SIC peers · 6/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.07× · 2/20
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 strength6/25 pts

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

Employees7/15 pts

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

Liquidity2/20 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 31/12/2024

Net Worth

£100

Balance sheet strength

Cash

£32k

Cash in the bank

Net Current Assets

-£559k

Working capital

Current Assets

£42k

Current Liabilities

£600k

Fixed Assets

£674k

Debtors

£9k

1avg. employees+1

Tax at Year End(2023)

Corp tax£4k

Balance Sheet

Assets less current liabilities£115k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.07
20230.07+£13k
20220.07+£2k
20210.10-£3k
20201.09+£15k
20190.79+£11k
20180.54

Derived from filed accounts. Not audited figures.