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Ward Thomas Removals Limited

05167541

active
Private Limited Company
england wales
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

141 ACTON LANE, NW10 7PB
Incorporated 01/07/2004

Compliance

Last accounts

30/09/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 01/07/2025

Due 15/07/2026

Overdue

Industry

49420
Removal services

Officers

Mr Anthony Christian Ward Thomas

director · Since 01/07/2004

REMOVALS CONTRACTOR

BRITISH · ENGLAND · Age 68

Also on 2 other boards

Charles Parry

director · Since 30/09/2004

SALESMAN

BRITISH · ENGLAND · Age 59

Mr Charles Adrian Simon Rickards

director · Since 30/09/2004

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 26 other boards

Charles Frederick Parry

director · Since 30/09/2004

SALESMAN

BRITISH · ENGLAND · Age 59

Joseph Kok

secretary · Since 08/04/2005

BRITISH

Also on 11 other boards

Persons with Significant Control

Master Removers Group Limited

75–100% shares
75–100% votes
Appoint directors

English · England · Age 11

141 Acton Lane, NW10 7PB

Notified 01/07/2016

Charges3 outstanding

Charge
outstanding

RBS INVOICE FINANCE LTD

Created 08/03/2019Registered 13/03/2019
Charge
outstanding

ROYAL BANK OF SCOTLAND PLC

Created 28/10/2013Registered 05/11/2013
charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 23/09/2004Registered 04/10/2004

CompanyRankvs 111+ SIC 49420 peers
66

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.83× · 16/20
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 strength25/25 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.

Liquidity16/20 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 co

Key FinancialsYear ending 30/09/2024

Turnover

£6.9M

Annual revenue

Net Worth

£9.1M

Balance sheet strength

Cash

£1.6M

Cash in the bank

Profit Before Tax

-£3.0M

Bottom line earnings

Net Current Assets

£8.6M

Working capital

Current Assets

£18.8M

Current Liabilities

£10.3M

Fixed Assets

£566k

Debtors

£17.2M

Cost of Sales

£3.4M

Gross Profit

£3.5M

Admin Expenses

£3.1M

Operating Profit

£370k

Profit After Tax

-£2.9M

129avg. employees-176

Tax at Year End

Dividends paid£17.4M

People Costs

Wages & salaries£4.9M
NI contributions£478k

Balance Sheet

Intangible assets£72k
Assets less current liabilities£9.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.83-£18.7M
20234.51

Derived from filed accounts. Not audited figures.