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Speed Group (Holdings) Limited

06268593

active
ltd
england wales
Companies House
Health Score
59 / 100

Notable Risks

25/30
Filing
0/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

Driftstone Manor Middle Way, Kingston Gorse, East Preston, BN16 1SB
Incorporated 04/06/2007

Previously known as

London Procurement Ltd · until 17/09/2012

Compliance

Last accounts

31/08/2024

group

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 04/06/2026

Due 18/06/2027

On track

Industry

70100
Activities of head offices

Officers

Roland Peter Lewis

director · Since 05/07/2007

British · United Kingdom · Age 75

Former

Roland Peter Lewis

director · Resigned 05/06/2007

Amine Khalil

director · Resigned 05/07/2007

David John Paxman

director · Resigned 04/07/2016

Clive Martin Hawkes

secretary · Resigned 31/12/2023

Clive Martin Hawkes

director · Resigned 31/12/2023

Persons with Significant Control

Mr Roland Peter Lewis

75–100% shares

British · England · Age 75

Driftstone Manor, Middle Way, East Preston, BN16 1SB

Notified 06/04/2016

Charges3 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 01/06/2012Registered 08/06/2012
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 04/03/2011Registered 10/03/2011
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 15/11/2010Registered 18/11/2010

Change History

statusactive
2026-06-04

Active

typeltd
2026-06-04

Private Limited Company

address line1Driftstone Manor Middle Way
2026-06-04

DRIFTSTONE MANOR MIDDLE WAY

post townEast Preston
2026-06-04

EAST PRESTON

officer appointedLEWIS, Roland Peter
2026-06-04

CompanyRankvs 83+ SIC 70100 peers
69

Financial strength98th percentile among SIC peers · 25/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 35.66× · 20/20
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 strength25/25 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.

Liquidity20/20 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

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent 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 director with respect to going con

Key FinancialsYear ending 31/08/2024

Net Worth

£30.3M

Balance sheet strength

Cash

£13.2M

Cash in the bank

Net Current Assets

£29.7M

Working capital

Current Assets

£30.5M

Current Liabilities

£857k

Fixed Assets

£775k

Debtors

£15.5M

Profit After Tax

£962k

13avg. employees-3

Tax at Year End

Corp tax£177k
Dividends paid£600k

People Costs(2020)

Wages & salaries£1.6M
NI contributions£76k

Balance Sheet

Assets less current liabilities£30.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202435.66+£857k
202323.11
202219.39
202130.68
202035.55

Derived from filed accounts. Not audited figures.