Schmalz Limited
06895335
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
small
Next accounts due
30/09/2026
Confirmation statement
Last: 30/10/2025
Due 13/11/2026
Industry
Officers
director · Since 18/07/2022
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 57
Also on 1 other board
Persons with Significant Control
Dr Kurt Johannes Otto Schmalz
German · Germany · Age 71
C/O J.Schmalz Gmbh, 1, Johannes-Schmalz-Str., Glatten, 72293
Notified 24/01/2022
Former PSCs
Mr Stewart Bennison
Ceased 24/01/2022
J.Schmalz Gmbh
Ceased 24/01/2022
Charges0 outstanding
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CompanyRankvs 1605+ SIC 28990 peers41
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
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 financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/12/2024
Turnover
£4.3M
Annual revenue
Net Worth
-£609k
Balance sheet strength
Cash
£690k
Cash in the bank
Profit Before Tax
-£400k
Bottom line earnings
Net Current Assets
-£539k
Working capital
Current Assets
£1.9M
Current Liabilities
£2.5M
Fixed Assets
£130k
Debtors
£539k
Cost of Sales
£2.2M
Gross Profit
£2.1M
Admin Expenses
£2.5M
Operating Profit
-£348k
Profit After Tax
-£398k
Tax at Year End(2020)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.78 | +£1.4M |
| 2021 | 0.54 | -£2.6M |
| 2020 | 1.34 | -£44k |
| 2019 | 1.21 | — |
Derived from filed accounts. Not audited figures.