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N Speed Plastering Limited

05466909

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

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

Details

61 FARADAY ROAD, WALSALL, WS2 7ER
Incorporated 28/05/2005

Compliance

Last accounts

31/05/2025

micro entity

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 28/05/2025

Due 11/06/2026

Overdue

Industry

43310
Plastering

Officers

Mrs Lisa Speed

secretary · Since 28/05/2005

BRITISH

Mr Michael Speed

director · Since 28/05/2005

PLASTERER

ENGLISH · ENGLAND · Age 54

Mr Nigel Speed

director · Since 28/05/2005

PLASTERER

BRITISH · ENGLAND · Age 62

Persons with Significant Control

Mr Michael Speed

25–50% shares
25–50% votes

English · England · Age 54

61, Faraday Road, Walsall, WS2 7ER

Notified 06/04/2016

Mr Nigel Speed

25–50% shares
25–50% votes

British · England · Age 62

61, Faraday Road, Walsall, WS2 7ER

Notified 06/04/2016

CompanyRankvs 4100+ SIC 43310 peers
50

Financial strength8th percentile among SIC peers · 2/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.62× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees12/15 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.

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

Key FinancialsYear ending 31/05/2025

Net Worth

-£9k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£7k

Working capital

Current Assets

£11k

Current Liabilities

£18k

Fixed Assets

£57

3avg. employees

Balance Sheet

Assets less current liabilities-£7k
Signed by Mr N Speed 19 February 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.62+£0
20250.62+£653
20240.80-£931
20230.98
20221.60
20212.11
20201.17+£6k
20190.89-£3k
20180.96

Derived from filed accounts. Not audited figures.