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Desmond L Bannon & Sons Ltd

07987227

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

LIVERPOOL ROAD STUDIOS 113 LIVERPOOL ROAD, SUITE 4, LIVERPOOL, L23 5TD
Incorporated 12/03/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96030
Funeral and related activities

Officers

Mr Andrew Bannon

director · Since 12/03/2012

FUNERAL DIRECTOR

BRITISH · ENGLAND · Age 56

Mr Laurence Bannon

director · Since 12/03/2012

FUNERAL DIRECTOR

BRITISH · ENGLAND · Age 46

Persons with Significant Control

Mr Andrew Bannon

75–100% shares

British · England · Age 56

Liverpool Road Studios, 113 Liverpool Road, Suite 4, Liverpool, L23 5TD

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

MSIF BUSINESS GROWTH LOANS LIMITED

Created 07/02/2023Registered 08/02/2023
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 14/06/2016Registered 15/06/2016
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 23/03/2016Registered 26/03/2016Satisfied 15/06/2016
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 15/03/2016Registered 18/03/2016
Charge
satisfied

SAGE INVESTMENTS LIMITED

Created 05/02/2016Registered 06/02/2016Satisfied 15/06/2016

CompanyRankvs 626+ SIC 96030 peers
53

Financial strength91th percentile among SIC peers · 23/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.52× · 6/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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626Desmond L Bannon & Sons Ltd
69
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.

Employees15/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the comp

Key FinancialsYear ending 31/03/2024

Net Worth

£889k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£627k

Working capital

Current Assets

£668k

Current Liabilities

£1.3M

Fixed Assets

£2.2M

Debtors

£648k

31avg. employees-5

Balance Sheet

Intangible assets£500k
Assets less current liabilities£1.5M
Signed by Mr A Bannon,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.52-£222k
20231.13-£197k
20220.86+£79k
20211.14+£280k
20201.04+£85k
20191.11+£586k
20181.44—

Derived from filed accounts. Not audited figures.