Southco Severn Ltd
08368439
Some Concerns
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 16/01/2026
Due 30/01/2027
Industry
Officers
director · Since 01/08/2018
MANAGING DIRECTOR
BRITISH · UNITED KINGDOM · Age 53
Also on 2 other boards
director · Since 01/08/2018
FINANCE DIRECTOR
BRITISH · UNITED KINGDOM · Age 53
Also on 7 other boards
director · Since 20/09/2022
ACCOUNTANT
BRITISH · ENGLAND · Age 43
Also on 12 other boards
Persons with Significant Control
Southco Manufacturing Ltd
Touchpoint, Wainwright Road, Worcester, WR4 9FA
Reg: 04328069 · Registrar Of Companies United Kingdom · Private Company Limited By Shares
Notified 06/04/2016
Charges3 outstanding
PNC BANK, NATIONAL ASSOCIATION
PNC BANK, NATIONAL ASSOCIATION
PNC BANK, NATIONAL ASSOCIATION
CompanyRankvs 15765+ SIC 70100 peers12
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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
responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern We are responsible for concluding on the appropriateness of the directors’ use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material unce
Key FinancialsYear ending 31/12/2024
Net Worth
-£23.0M
Balance sheet strength
Cash
£786
Cash in the bank
Profit Before Tax
£854k
Bottom line earnings
Net Current Assets
-£28.3M
Working capital
Current Assets
£786
Current Liabilities
£28.3M
Fixed Assets
£5.2M
Admin Expenses
£2k
Operating Profit
£1.3M
Profit After Tax
£854k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.00 | +£854k |
| 2023 | 0.00 | — |
Derived from filed accounts. Not audited figures.