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Greater Manchester Chamber Of Commerce

05245944

in administration
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
england wales
Companies House
Insolvency history
Health Score
N/A

Details

THIRD FLOOR, LEEDS, LS1 5QS
Incorporated 29/09/2004

Compliance

Last accounts

31/03/2023

full

Next accounts due

31/03/2025

Overdue

Confirmation statement

Last: 29/09/2024

Due 13/10/2025

Overdue

Industry

94110
Activities of business and employers membership organisations

Officers

Mr Phil Gerard Cusack

director · Since 19/10/2007

REGIONAL DIRECTOR

BRITISH · ENGLAND · Age 72

Rt Hon Baroness Beverley June Hughes

director · Since 17/10/2014

DEPUTY MAYOR FOR POLICING AND CRIME

BRITISH · ENGLAND · Age 76

Also on 1 other board

Mr Wayne Jones

director · Since 17/10/2014

SENIOR VICE PRESIDENT

BRITISH · ENGLAND · Age 60

Also on 8 other boards

Mrs Emma Elisabeth Holt

director · Since 17/10/2014

SOLICITOR AND LECTURER

BRITISH · ENGLAND · Age 57

Mr Robin Peter Harry Phillips

director · Since 16/10/2015

HEAD OF SIEMENS ADVANTA CONSULTING UK

BRITISH · ENGLAND · Age 65

Also on 2 other boards

Mr Christian Mancier

director · Since 22/02/2019

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 2 other boards

Mark Adrian Currie

director · Since 13/12/2019

EXECUTIVE OFFICER

BRITISH · UNITED KINGDOM · Age 64

Sarah Louise Blatch

director · Since 13/10/2020

FINANCE DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 6 other boards

Charges2 outstanding

Charge
outstanding

SANTANDER UK PLC

Created 18/06/2021Registered 18/06/2021
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 06/08/2019Registered 09/08/2019Satisfied 07/06/2021
Charge
outstanding

SANTANDER UK PLC

Created 25/04/2019Registered 02/05/2019
charge
satisfied

BOROUGH COUNCIL OF BOLTON

Created 31/03/2006Registered 31/05/2006Satisfied 18/03/2010
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 31/03/2006Registered 08/04/2006Satisfied 03/02/2009
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 31/03/2006Registered 08/04/2006Satisfied 03/02/2009
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 23/03/2006Registered 29/03/2006Satisfied 03/02/2009

Insolvency History1 case

in administration

Ed Connell (practitioner) · Lindsey J Cooper (practitioner)

CompanyRankvs 15+ SIC 94110 peers
2

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.5× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Insolvency history: -10 pts

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

Going Concern Doubt

in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty related to going concern We draw attention to note 2.2 in the financial statements , which indicates that there is a material uncertainty related to the Company's ability to continue as a going concern. The directors have

Key FinancialsYear ending 31/03/2023

Turnover

£3.2M

Annual revenue

Net Worth

-£2.7M

Balance sheet strength

Cash

£659k

Cash in the bank

Profit Before Tax

-£641k

Bottom line earnings

Net Current Assets

-£1.5M

Working capital

Current Assets

£1.5M

Current Liabilities

£3.0M

Fixed Assets

£963k

Debtors

£840k

Cost of Sales

£614k

Gross Profit

£2.5M

Admin Expenses

£3.5M

Operating Profit

-£547k

Profit After Tax

-£641k

47avg. employees

Balance Sheet

Intangible assets£23k
Bank loans & overdrafts£48k
Assets less current liabilities-£548k
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20230.50+£771k
20220.65+£17k
20210.69-£497k
20200.77

Derived from filed accounts. Not audited figures.