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Panel Supplies Limited

06277416

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

UNIT 5 JAVELIN PARK, STONEHOUSE, GL10 3WT
Incorporated 12/06/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46730
Wholesale of wood, construction materials and sanitary equipment

Officers

Mr Michael Charles Walker

secretary · Since 12/06/2007

ENGLISH · ENGLAND · Age 77

Also on 17 other boards

Mr Ian David Attwood

director · Since 12/06/2007

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 4 other boards

Mrs Diane Gillian Attwood

director · Since 26/07/2007

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 77

Also on 6 other boards

Mr Robert Charles Attwood

director · Since 01/03/2011

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 3 other boards

Mr Andrew James Draper

director · Since 01/01/2016

FINANCIAL DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 1 other board

Mr Colin Bell

director · Since 05/03/2020

SALES DIRECTOR

BRITISH · ENGLAND · Age 63

Mr Wayne Lee Avers

director · Since 21/09/2023

SALES DIRECTOR

BRITISH · ENGLAND · Age 49

Persons with Significant Control

International Plywood Plc

75–100% shares
25–50% votes
Appoint directors

Sharvatt House, Innsworth Technology Park, Innsworth Lane, Gloucester, GL3 1DL

Reg: 1546036 · England & Wales · Limited Company (Plc)

Notified 01/07/2016

Charges3 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 01/05/2024Registered 08/05/2024
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 02/03/2018Registered 02/03/2018
Charge
satisfied

HSBC BANK PLC

Created 23/02/2018Registered 23/02/2018Satisfied 29/04/2026
Charge
outstanding

HSBC BANK PLC

Created 23/02/2018Registered 23/02/2018
Charge
satisfied

LLOYDS BANK PLC

Created 02/10/2017Registered 02/10/2017Satisfied 07/03/2018
Charge
satisfied

LLOYDS BANK PLC

Created 23/06/2014Registered 24/06/2014Satisfied 07/03/2018
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 01/10/2010Registered 08/10/2010Satisfied 17/10/2018
charge
satisfied

LLOYDS TSB BANK PLC

Created 01/10/2010Registered 05/10/2010Satisfied 07/03/2018
charge
satisfied

LLOYDS TSB BANK PLC

Created 01/10/2010Registered 05/10/2010Satisfied 07/03/2018
charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 18/10/2007Registered 20/10/2007Satisfied 16/11/2010
charge
satisfied

INTERNATIONAL PLYWOOD PLC

Created 02/10/2007Registered 04/10/2007Satisfied 22/09/2010
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 30/08/2007Registered 05/09/2007Satisfied 16/11/2010

CompanyRankvs 601+ SIC 46730 peers
53

Financial strength97th percentile among SIC peers · 24/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.73× · 16/20
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 strength24/25 pts

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

Employees3/15 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

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 t

Key FinancialsYear ending 30/04/2025

Turnover

£43.1M

Annual revenue

Net Worth

£6.3M

Balance sheet strength

Cash

£129k

Cash in the bank

Profit Before Tax

£383k

Bottom line earnings

Net Current Assets

£6.2M

Working capital

Current Assets

£14.6M

Current Liabilities

£8.4M

Fixed Assets

£174k

Debtors

£9.7M

Cost of Sales

£39.7M

Gross Profit

£3.4M

Admin Expenses

£2.9M

Profit After Tax

£276k

0avg. employees-31

Tax at Year End

Dividends paid-£2.0M

People Costs(2023)

Wages & salaries£1.1M

Balance Sheet

Bank loans & overdrafts£3.6M
Assets less current liabilities£6.4M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20251.73-£1.2M
20231.95-£946k
20221.88+£3.6M
20211.52+£2.0M
20201.40+£810k
20191.16

Derived from filed accounts. Not audited figures.