Ballyclare Limited
07463998
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 29/02/2012
DIRECTOR
BRITISH · ENGLAND · Age 60
Also on 8 other boards
director · Since 10/07/2024
DIRECTOR
GERMAN · GERMANY · Age 47
Also on 1 other board
Persons with Significant Control
Ballyclare Group Limited
10 St James's Place, London, SW1A 1NP
Reg: 08820424 · Companies House · Company Limited By Shares
Notified 06/04/2016
Charges2 outstanding
MOUNTAIN BERG LIMITED
SECURE TRUST BANK PLC
MOUNTAIN BERG LIMITED
BARCLAYS BANK PLC
FREDERICK WILLIAM WOOD RONALD BRIGGS HEATON PAUL ARTHUR BRADBURY ALAN SMITH VINCENT RODGER WHYT
HSBC CORPORATE TRUSTEE COMPANY (UK) LIMITED AS SECURITY TRUSTEE FOR THE SECURED PARTIES (SECURI
CompanyRankvs 1180+ SIC 14120 peers52
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
of group companies to which this company has loans payable have given assurances that these loans will not be recalled to an extent that would jeopardise this company's ability to continue as a going concern. The directors having considered the above believe it is appropriate to continue to adopt the going concern basis in preparing the financial statements. STATEMENT OF DIRECTORS' RESPONSIB
Key FinancialsYear ending 31/12/2024
Turnover
£7.5M
Annual revenue
Net Worth
£7.0M
Balance sheet strength
Cash
£122k
Cash in the bank
Profit Before Tax
£38k
Bottom line earnings
Net Current Assets
-£5.5M
Working capital
Current Assets
£3.9M
Current Liabilities
£9.4M
Fixed Assets
£59k
Debtors
£3.4M
Cost of Sales
£5.0M
Gross Profit
£2.5M
Admin Expenses
£2.8M
Operating Profit
£926k
Profit After Tax
£38k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.42 | +£0 |
| 2023 | 0.38 | +£0 |
| 2021 | 0.79 | +£0 |
| 2020 | 1.30 | -£4.0M |
| 2019 | 2.61 | -£1.5M |
| 2018 | 2.74 | — |
Derived from filed accounts. Not audited figures.