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Industrial Racking Supplies Limited

06818726

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

INDUSTRIAL RACKING SUPPLIES LTD, HULL, HU7 0YD
Incorporated 13/02/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade

Officers

Mrs Sheila Bradley

secretary · Since 13/02/2009

Also on 2 other boards

Mr Robert Bradley

director · Since 13/02/2009

DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 1 other board

Mrs Sheila Bradley

director · Since 13/02/2009

DIRECTOR

BRITISH · ENGLAND · Age 70

Also on 2 other boards

Mr James Robert Bradley

director · Since 21/11/2011

DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 1 other board

Persons with Significant Control

Pinecrest Management Limited

75–100% shares
75–100% votes

Industrial Racking Supplies Limited, Gothenburg Way, Hull, HU7 0YD

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 19/05/2016Registered 23/05/2016
charge
outstanding

BARCLAYS BANK PLC

Created 01/12/2011Registered 09/12/2011
charge
satisfied

HSBC BANK PLC

Created 20/03/2009Registered 24/03/2009Satisfied 04/01/2012

CompanyRankvs 526+ SIC 46900 peers
78

Financial strength95th percentile among SIC peers · 24/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.4× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding 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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£1.7M

Balance sheet strength

Cash

£261k

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£1.5M

Current Liabilities

£445k

Fixed Assets

£757k

Debtors

£516k

16avg. employees

Tax at Year End

Corp tax£9k

Balance Sheet

Assets less current liabilities£1.8M
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20253.40-£48k
20242.57+£199k
20232.88+£446k
20223.03+£376k
20212.29

Derived from filed accounts. Not audited figures.