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Chasestead Group Limited

08039783

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

CHASESTEAD LIMITED, LETCHWORTH GARDEN CITY, SG6 1JX
Incorporated 20/04/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr Robin Nicholas Moore

director · Since 27/02/2020

ENGINEERING & COMMERCIAL DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 1 other board

Mr Justin Joe Sedgwick

director · Since 27/02/2020

ENGINEERING & COMMERCIAL DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 3 other boards

Persons with Significant Control

Chasestead Holdings Limited

75–100% shares

Chasestead Limited, Icknield Way, Letchworth Garden City, SG6 1JX

Reg: 12333715 · Companies House · Private Limited Company

Notified 19/02/2020

Former PSCs

Mr Richard Clive Wilson

Ceased 19/02/2020

Charges1 outstanding

Charge
satisfied

HSBC UK BANK PLC

Created 12/03/2020Registered 18/03/2020Satisfied 02/11/2020
Charge
outstanding

LLOYDS BANK COMMERCIAL FINANCE LTD

Created 14/11/2018Registered 14/11/2018

CompanyRankvs 5895+ SIC 32990 peers
55

Financial strength86th percentile among SIC peers · 22/25
Employees51th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.97× · 6/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees8/15 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/08/2024

Net Worth

£673k

Balance sheet strength

Cash

£1.1M

Cash in the bank

Net Current Assets

-£66k

Working capital

Current Assets

£2.2M

Current Liabilities

£2.3M

Fixed Assets

£1.0M

Debtors

£1.2M

2avg. employees

Tax at Year End

Corp tax£48k

Balance Sheet

Assets less current liabilities£944k
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20240.97+£16k
20231.07-£671k
20205.80-£3.1M
2019306.81

Derived from filed accounts. Not audited figures.