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Handley Systems (Worthing) Limited

05302891

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

28 WILTON ROAD, EAST SUSSEX, TN40 1EZ
Incorporated 02/12/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71111
Architectural activities

Officers

Mrs Clare Handley

secretary · Since 02/12/2004

COMPANY SECRETARY

BRITISH · Age 55

Mr Andrew Roy Handley

director · Since 02/12/2004

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Persons with Significant Control

Mr Andrew Roy Handley

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 60

28 Wilton Road, Bexhill On Sea, TN40 1EZ

Notified 06/04/2016

Mrs Clare Handley

25–50% shares
25–50% votes

British · United Kingdom · Age 55

28 Wilton Road, Bexhill On Sea, TN40 1EZ

Notified 06/04/2016

CompanyRankvs 1839+ SIC 71111 peers
66

Financial strength67th percentile among SIC peers · 17/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 2.23× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength17/25 pts

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

Employees9/15 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

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

Going Concern Doubt

fall due for the foreseeable future. In reaching this conclusion they consider that no material uncertainty exists. As a result, the director has concluded that it remains appropriate to adopt a going concern basis of preparation in these financial statements. Turnover Turnover represents net invoiced sales of surveying and site estimation services, excluding value added tax. Turnover is reco

Key FinancialsYear ending 31/03/2025

Net Worth

£17k

Balance sheet strength

Cash

£22k

Cash in the bank

Net Current Assets

£13k

Working capital

Current Assets

£23k

Current Liabilities

£10k

Fixed Assets

£5k

Debtors

£828

Profit After Tax

£36k

2avg. employees

Tax at Year End

Corp tax£8k
VAT£808
Dividends paid£45k

Director Loans

Company owes directors£14

Balance Sheet

Assets less current liabilities£18k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20252.23-£9k£16k
20242.81-£11k
20233.30

Derived from filed accounts. Not audited figures.