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Ultimate99 Limited

06768545

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

C/O CASTLE HILL INSOLVENCY, 1 BATTLE ROAD, NEWTON ABBOT, TQ12 6RY
Incorporated 09/12/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70100
Activities of head offices

Officers

Mr Peter Anthony Gair

director · Since 19/01/2009

DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 8 other boards

Mr Benjamin James Gair

director · Since 24/07/2013

MANUFACTURER

BRITISH · UNITED KINGDOM · Age 41

Persons with Significant Control

Mr Peter Anthony Gair

25–50% shares

British · England · Age 68

C/O Castle Hill Insolvency,, 1 Battle Road, Newton Abbot, TQ12 6RY

Notified 06/04/2016

Mr Benjamin Gair

25–50% shares

British · England · Age 41

C/O Castle Hill Insolvency,, 1 Battle Road, Newton Abbot, TQ12 6RY

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

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CompanyRankvs 15+ SIC 70100 peers
32

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.01× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity12/20 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

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty relating to going concern We draw attention to note 1 in the Financial Statements which indicates that the group remains dependent on the continued support of a key supplier to enable it to pay its liabilities as they fall

Key FinancialsYear ending 30/09/2022

Turnover

£21.1M

Annual revenue

Net Worth

£21k

Balance sheet strength

Cash

£269k

Cash in the bank

Profit Before Tax

-£577k

Bottom line earnings

Net Current Assets

£63k

Working capital

Current Assets

£10.9M

Current Liabilities

£10.9M

Fixed Assets

£185k

Debtors

£2.6M

Cost of Sales

£17.3M

Gross Profit

£3.8M

Admin Expenses

£3.4M

Operating Profit

£398k

Profit After Tax

-£517k

73avg. employees+8

Tax at Year End

Dividends paid-£114k

People Costs

Wages & salaries£1.9M
NI contributions£21k

Balance Sheet

Bank loans & overdrafts£133k
Assets less current liabilities£453k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20221.01-£631k
20211.17

Derived from filed accounts. Not audited figures.