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Signal Plastics Holdings Limited

05837672

active
Private Limited Company
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

OMEGA GROUP KINGSWAY SOUTH, GATESHEAD, NE11 0JL
Incorporated 06/06/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70100
Activities of head offices

Officers

Mr Gary Owen

director · Since 18/05/2020

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 4 other boards

Mr Ian Mallett

director · Since 29/10/2024

GROUP OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 3 other boards

Persons with Significant Control

Omega Plastics Group Holdings Limited

75–100% shares
75–100% votes
right-to-appoint-and-remove-directors-as-firm
significant-influence-or-control-as-firm

Omega Plastics Group, Kingsway South, Gateshead, NE11 0JL

Notified 29/10/2024

Former PSCs

Mr Christopher Scott Thompson

Ceased 29/10/2024

Mr David Crone

Ceased 24/01/2018

Charges3 outstanding

Charge
outstanding

LLOYDS BANK COMMERCIAL FINANCE LIMITED

Created 13/12/2024Registered 17/12/2024
Charge
outstanding

CHRISTOPHER SCOTT THOMPSON AS SECURITY TRUSTEE

Created 29/10/2024Registered 18/11/2024
Charge
outstanding

LLOYDS BANK PLC

Created 28/06/2016Registered 30/06/2016

CompanyRankvs 10159+ SIC 70100 peers
26

Financial strength58th percentile among SIC peers · 14/25
Employees15th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
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 strength14/25 pts

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

Employees2/15 pts

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

Liquidity0/20 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/03/2025

Net Worth

£49k

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

-£416k

Bottom line earnings

Net Current Assets

-£538k

Working capital

Current Assets

Current Liabilities

£664k

Debtors

£126k

Admin Expenses

£416k

Profit After Tax

-£416k

0avg. employees

Tax at Year End(2024)

Corp tax£31k

People Costs(2024)

Wages & salaries£5.5M

Balance Sheet

Assets less current liabilities£236k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
2025+£1k
2024-£2.6M
20231.28+£24k
20221.40+£1.4M
20201.07+£550k
2019Infinity

Derived from filed accounts. Not audited figures.