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Clares Business Solutions Limited

06430836

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

UNIT D1 VOYAGER PARK, PORTSMOUTH, PO3 5FN
Incorporated 19/11/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74990
Non-trading company

Officers

Mr Stephen John Clare

director · Since 14/03/2008

STATIONER

BRITISH · UNITED KINGDOM · Age 59

Also on 15 other boards

Mr Nicholas James Weston

director · Since 01/04/2022

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 17 other boards

Mr Richard Marcus Whittal

director · Since 01/07/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Persons with Significant Control

The Business Supplies Group Holdings Ltd

75–100% shares

107, Longmead Road, Bristol, BS16 7FG

Reg: 13626064 · England And Wales · Private Limited Company

Notified 01/04/2022

Former PSCs

Mr Stephen John Clare

Ceased 01/04/2022

Charges1 outstanding

Charge
outstanding

LLOYDS BANK COMMERCIAL FINANCE LTD

Created 06/10/2022Registered 11/10/2022

CompanyRankvs 3521+ SIC 74990 peers
43

Financial strength98th percentile among SIC peers · 25/25
Employees53th percentile among SIC peers · 8/15
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 strength25/25 pts

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

Employees8/15 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

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

Key FinancialsYear ending 31/03/2022

Turnover

£12.9M

Annual revenue

Net Worth

£2.0M

Balance sheet strength

Cash

£1.3M

Cash in the bank

Profit Before Tax

£1.1M

Bottom line earnings

Net Current Assets

£4.7M

Working capital

Current Assets

Current Liabilities

£3.4M

Fixed Assets

£274k

Debtors

£330k

Cost of Sales

£9.1M

Gross Profit

£3.8M

Admin Expenses

£2.8M

Operating Profit

£1.1M

Profit After Tax

£837k

0avg. employees-57

Tax at Year End

Corp tax£86k
Dividends paid-£829k

People Costs

Wages & salaries£1.5M
NI contributions£141k

Balance Sheet

Intangible assets£1.2M
Bank loans & overdrafts£982k
Prepared with CCH Software

EstimatesDerived

YearImplied Profit
2022+£2.0M
2021+£0
2020+£0

Derived from filed accounts. Not audited figures.