Smit Associates Limited
06041606
Healthy
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 04/01/2007
ENVIRONMENTALIST
BRITISH · UNITED KINGDOM · Age 71
Also on 9 other boards
director · Since 04/02/2021
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 46
director · Since 25/08/2023
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 50
Also on 14 other boards
Persons with Significant Control
Smit Associates Holdings Limited
14, High Cross, Truro, TR1 2AJ
Reg: 13843548 · Smit Associates Limited · Limited Company
Notified 16/11/2022
Former PSCs
Sir Timothy Bartel Smit
Ceased 16/11/2022
Charges1 outstanding
BARCLAYS BANK PLC
CompanyRankvs 2609+ SIC 41100 peers66
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going con
Key FinancialsYear ending 28/02/2022
Turnover
£8.3M
Annual revenue
Net Worth
£3.3M
Balance sheet strength
Cash
£1.8M
Cash in the bank
Profit Before Tax
£2.0M
Bottom line earnings
Net Current Assets
£1.2M
Working capital
Current Assets
£2.5M
Current Liabilities
£1.3M
Fixed Assets
£4.3M
Debtors
£514k
Cost of Sales
£4.3M
Gross Profit
£3.9M
Admin Expenses
£2.6M
Operating Profit
£2.1M
Profit After Tax
£1.6M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2022 | 1.96 |
Derived from filed accounts. Not audited figures.