Back to search

Brac Contracts Limited

05801660

liquidation
Private Limited Company
england wales
Companies House
0 outstanding charges
Insolvency history
Health Score
N/A

Details

JUPITER HOUSE THE DRIVE, BRENTWOOD, CM13 3BE
Incorporated 02/05/2006

Compliance

Last accounts

31/05/2023

total exemption full

Next accounts due

28/02/2025

Overdue

Confirmation statement

Last: 02/05/2023

Due 16/05/2024

Overdue

Industry

43390
Other building completion and finishing

Officers

Mr Adam James Clark

secretary · Since 02/05/2006

BRITISH · ENGLAND · Age 62

Also on 13 other boards

Mr Lee Anthony Bradley

director · Since 02/05/2006

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 4 other boards

Mr Adam James Clark

director · Since 02/05/2006

SALES DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 13 other boards

Persons with Significant Control

Mr Adam James Clark

25–50% votes

British · England · Age 62

67 Hill Avenue, Wickford, SS11 8LH

Notified 01/07/2016

Mr Lee Anthony Bradley

25–50% votes

British · England · Age 62

Willow Cottage, 61 Station Road, Southminster, CM0 7EW

Notified 01/07/2016

Charges0 outstanding

Debenture
fully satisfied

Lloyds Tsb Bank PLC

Fixed and floating charges over the undertaking and all property and assets present and future including goodwill bookdebts uncalled capital buildings fixtures fixed plant and machinery.

All monies due or to become due from the company to the chargee on any account whatsoever

Created 05/12/2006Registered 07/12/2006Satisfied 17/03/2023

Insolvency History1 case

creditors voluntary liquidation28/05/2024

Martin John Weller (practitioner) · Glyn Mummery (practitioner)

CompanyRankvs 15+ SIC 43390 peers
36

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.66× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
Show leaderboard
1F.Brown Limited
90
2Lindner Interiors Limited
90
3R.H.F.Heating Company Limited
90
4S. & A. Parsons (Building Contractors) Limited
90
5Gulliver Timber Treatments Limited
90
6Preservation Treatments Limited
90
7D.L. Storage Handling Limited
90
8C.L.C. Contractors Limited
90
9Milverdene Limited
90
10Elmsmere Interior Systems Limited
90
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.

Liquidity16/20 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/05/2023

Net Worth

£486k

Balance sheet strength

Cash

£445k

Cash in the bank

Net Current Assets

£477k

Working capital

Current Assets

£1.2M

Current Liabilities

£723k

Fixed Assets

£11k

Debtors

£551k

9avg. employees

Balance Sheet

Assets less current liabilities£488k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20231.66

Derived from filed accounts. Not audited figures.