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Sheldon Davidson Solicitors Ltd

06958532

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

219 BURY NEW ROAD, MANCHESTER, M45 8GW
Incorporated 10/07/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69102
Solicitors

Officers

Mr Sheldon Rene Davidson

secretary · Since 01/08/2009

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 8 other boards

Mr Sheldon Rene Davidson

director · Since 01/08/2009

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 8 other boards

Persons with Significant Control

Mr Sheldon Rene Davidson

50–75% shares
50–75% votes

British · England · Age 63

2 Ringley Park View, Whitefield, Manchester, M45 7DG

Notified 06/04/2016

Sds Capital Limited

25–50% shares
25–50% votes

219, Bury New Road, Manchester, M45 8GW

Reg: 10143058 · Register Of Companies · Limited Company

Notified 27/06/2019

Charges1 outstanding

Charge
outstanding

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE AND YORKSHIRE BANK)

Created 10/09/2015Registered 25/09/2015
charge
satisfied

BARCLAYS BANK PLC

Created 21/07/2011Registered 26/07/2011Satisfied 07/07/2016
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 21/06/2011Registered 02/07/2011Satisfied 22/10/2013

CompanyRankvs 15+ SIC 69102 peers
70

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2× · 20/20
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.

Employees15/15 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

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 financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2024

Turnover

£7.4M

Annual revenue

Net Worth

£2.5M

Balance sheet strength

Cash

£23k

Cash in the bank

Net Current Assets

£2.8M

Working capital

Current Assets

£4.4M

Current Liabilities

£2.2M

Fixed Assets

£389k

Debtors

£4.4M

Cost of Sales

£2.9M

Admin Expenses

£4.0M

Profit After Tax

-£111k

58avg. employees+4

Tax at Year End

Corp tax£131k

People Costs

Wages & salaries£2.1M
NI contributions£196k

Balance Sheet

Intangible assets£16k
Assets less current liabilities£2.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.00+£434k
20232.13-£133k
20221.90-£350k
20211.72+£198k
20201.79+£161k
20191.41

Derived from filed accounts. Not audited figures.