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Industrial Supply Chain Limited

05616255

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

CHARGROVE HOUSE MAIN ROAD, CHELTENHAM, GL51 4GA
Incorporated 08/11/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46690
Wholesale of other machinery and equipment
46900
Non-specialised wholesale trade
47990
Other retail sale not in stores, stalls or markets

Officers

Mr Vernon Pearce

secretary · Since 08/11/2005

CO DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 5 other boards

Mr Christopher John Palmer

director · Since 08/11/2005

CO DIRECTOR

BRITISH · ENGLAND · Age 51

Mr Vernon Pearce

director · Since 08/11/2005

CO DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 5 other boards

Persons with Significant Control

Mr Vernon Pearce

25–50% shares
25–50% votes

British · United Kingdom · Age 65

Chargrove, House, Cheltenham, GL51 4GA

Notified 06/04/2016

Mr Christopher John Palmer

25–50% shares
25–50% votes

British · England · Age 51

Chargrove, House, Cheltenham, GL51 4GA

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

RBS INVOICE FINANCE LTD

Created 03/02/2023Registered 16/02/2023
Charge
outstanding

NATIONAL WESTMINSTER BANK PUBLIC LIMITED COMPANY

Created 03/11/2021Registered 04/11/2021

CompanyRankvs 745+ SIC 46690 peers
55

Financial strength76th percentile among SIC peers · 19/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.16× · 12/20
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 strength19/25 pts

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

Employees14/15 pts

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

Liquidity12/20 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

properties in which case provision is made on a discounted basis for the net obligation under the lease. The unwinding of the discount is disclosed within interest payable and similar charges. Going concern There are no material uncertainties that may cast significant doubt about the company's ability to continue as a going concern. Provisions Provisions are recognised only where a present

Key FinancialsYear ending 31/12/2024

Net Worth

£196k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

£186k

Working capital

Current Assets

£1.3M

Current Liabilities

£1.1M

Fixed Assets

£17k

Debtors

£582k

15avg. employees

Tax at Year End

Corp tax£67k

Balance Sheet

Assets less current liabilities£203k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.16-£57k
20231.26-£85k
20211.37

Derived from filed accounts. Not audited figures.