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We Buy Books Ltd

07693714

active
Private Limited Company
Companies House
Health Score
57 / 100

Notable Risks

25/30
Filing
0/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

HALL CARR MILL, RAWTENSTALL, BB4 7NX
Incorporated 05/07/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies
68209
Other letting and operating of own or leased real estate

Officers

Mr Damian James Carr

director · Since 05/07/2011

DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Also on 1 other board

Mr Michael William Lane

director · Since 05/07/2011

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 2 other boards

Persons with Significant Control

Mr Damian James Carr

25–50% shares

British · United Kingdom · Age 45

Hall Carr Mill, Fallbarn Road, Rawtenstall, BB4 7NX

Notified 06/04/2016

Mr Michael William Lane

25–50% shares

British · United Kingdom · Age 60

Hall Carr Mill, Fallbarn Road, Rawtenstall, BB4 7NX

Notified 06/04/2016

Charges4 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 22/12/2021Registered 22/12/2021
Charge
outstanding

HSBC UK BANK PLC

Created 22/12/2021Registered 22/12/2021
Charge
outstanding

HSBC UK BANK PLC

Created 11/02/2021Registered 16/02/2021
Charge
outstanding

HSBC UK BANK PLC

Created 20/01/2021Registered 21/01/2021

CompanyRankvs 7770+ SIC 64209 peers
46

Financial strength90th percentile among SIC peers · 23/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.04× · 2/20
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 strength23/25 pts

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

Employees11/15 pts

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

Liquidity2/20 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

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent 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

Net Worth

£1.6M

Balance sheet strength

Cash

£33k

Cash in the bank

Net Current Assets

-£866k

Working capital

Current Assets

£32k

Current Liabilities

£898k

Fixed Assets

£2.4M

Debtors

£19k

Cost of Sales

£17.6M

Admin Expenses

£6.2M

Profit After Tax

£749k

2avg. employees

Tax at Year End

Corp tax£68k
Dividends paid-£548k

People Costs

Wages & salaries£3.4M

Balance Sheet

Intangible assets£639k
Bank loans & overdrafts£1.2M
Assets less current liabilities£3.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.04+£1.3M
20230.03+£588k
20210.04

Derived from filed accounts. Not audited figures.