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South West Materials Limited

05436232

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

SISKIN DRIVE, COVENTRY, CV3 4FJ
Incorporated 26/04/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

08990
Other mining and quarrying

Officers

Mr Simon John Hall

director · Since 12/01/2017

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 59

Also on 6 other boards

Mr Martin Francis Mcwilliams

director · Since 15/01/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 7 other boards

Persons with Significant Control

Dmp Holdings Limited

75–100% shares
75–100% votes

Siskin Drive, Coventry, CV3 4FJ

Reg: 14943418 · England & Wales · Private Limited By Shares

Notified 19/06/2023

Former PSCs

Mr Alexander Franklin Moss

Ceased 23/12/2016

Dmp Assets Ltd

Ceased 01/01/2021

Duo Group (U.K.) Ltd

Ceased 19/06/2023

Mr Martin Francis Mcwilliams

Ceased 20/06/2023

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 24/12/2018Registered 27/12/2018
Charge
satisfied

HSBC EQUIPMENT FINANCE (UK) LTD

Created 03/10/2017Registered 05/10/2017Satisfied 12/04/2022
Charge
satisfied

CARILLION CONSTRUCTION LIMITED · GALLIFORD TRY INFRASTRUCTURE LIMITED · BALFOUR BEATTY CIVIL ENGINEERING LIMITED

Created 30/09/2015Registered 14/10/2015Satisfied 28/10/2016
Charge
satisfied

CARILLION CONSTRUCTION LIMITED · GALLIFORD TRY INFASTRUCTURE LIMITED · BALFOUR BEATTY CIVIL ENGINEERING LIMITED

Created 27/05/2015Registered 28/05/2015Satisfied 28/10/2016
charge
satisfied

CLOSE ASSET FINANCE LIMITED

Created 21/02/2011Registered 09/03/2011Satisfied 11/04/2016

CompanyRankvs 326+ SIC 08990 peers
38

Financial strength5th percentile among SIC peers · 1/25
Employees72th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.94× · 6/20
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 strength1/25 pts

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

Employees11/15 pts

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

Liquidity6/20 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

-£65k

Balance sheet strength

Cash

£720

Cash in the bank

Net Current Assets

-£271k

Working capital

Current Assets

£4.0M

Current Liabilities

£4.3M

Fixed Assets

£245k

Debtors

£4.0M

2avg. employees

Tax at Year End(2020)

Corp tax£42k

People Costs(2020)

Wages & salaries£599k
NI contributions£63k

Balance Sheet

Assets less current liabilities-£26k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.94+£0
20240.94-£104k
20230.33-£992k
20220.06-£748k
20210.13-£1.6M
20200.34+£42k
20190.52

Derived from filed accounts. Not audited figures.