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James Briggs Limited

08435139

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 6 outstanding charges (-10)

Details

SALMON FIELDS SALMON FIELDS, OLDHAM, OL2 6HZ
Incorporated 07/03/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

20590
Manufacture of other chemical products

Officers

Mr Nicholas James Bent

director · Since 23/11/2018

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 32 other boards

Mr Peter David Schofield

director · Since 12/09/2019

BUSINESSMAN

BRITISH · ENGLAND · Age 64

Also on 47 other boards

Persons with Significant Control

James Briggs (Holdings) Limited

75–100% shares

Salmon Fields, Salmon Fields, Oldham, OL2 6HZ

Notified 06/04/2016

Charges6 outstanding

Charge
outstanding

HSBC INVOICE FINANCE (UK) LIMITED

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outstanding

NATIONAL WESTMINSTER BANK PLC

Created 01/03/2024Registered 11/03/2024
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outstanding

HSBC UK BANK PLC

Created 08/08/2023Registered 29/08/2023
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outstanding

HSBC UK BANK PLC

Created 25/04/2023Registered 03/05/2023
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outstanding

HSBC INVOICE FINANCE (UK) LIMITED

Created 24/03/2023Registered 24/03/2023
Charge
outstanding

HSBC BANK PLC

Created 09/03/2023Registered 23/03/2023
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 05/02/2019Registered 19/02/2019Satisfied 07/03/2023
Charge
satisfied

CLOSE INVOICE FINANCE LIMITED

Created 24/01/2019Registered 29/01/2019Satisfied 07/03/2023
Charge
satisfied

CLOSE BROTHERS LIMITED AS SECURITY TRUSTEE FOR THE BENEFICIARIES (SECURITY TRUSTEE)

Created 24/01/2019Registered 29/01/2019Satisfied 07/03/2023
Charge
satisfied

THE GREATER MANCHESTER COMBINED AUTHORITY

Created 24/01/2019Registered 25/01/2019Satisfied 05/09/2019
Charge
satisfied

ENDLESS LLP (AS SECURITY TRUSTEE)

Created 24/01/2019Registered 25/01/2019Satisfied 05/09/2019
Charge
satisfied

ENDLESS LLP

Created 26/09/2016Registered 26/09/2016Satisfied 05/09/2019
Charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 13/01/2015Registered 15/01/2015Satisfied 06/08/2019
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 13/01/2015Registered 15/01/2015Satisfied 06/08/2019
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 20/06/2014Registered 27/06/2014Satisfied 10/01/2018
Charge
satisfied

ENDLESS LLP (SECURITY TRUSTEE)

Created 25/06/2013Registered 06/12/2013Satisfied 05/09/2019

CompanyRankvs 1310+ SIC 20590 peers
64

Financial strength98th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.79× · 16/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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.

Liquidity16/20 pts

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

Longevity13/15 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

that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the Company ’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors intend either to liquidate the Company or to cease opera

Key FinancialsYear ending 31/03/2025

Turnover

£72.5M

Annual revenue

Net Worth

£11.8M

Balance sheet strength

Cash

£2.5M

Cash in the bank

Profit Before Tax

£650k

Bottom line earnings

Net Current Assets

£13.3M

Working capital

Current Assets

£30.3M

Current Liabilities

£16.9M

Fixed Assets

£3.7M

Debtors

£18.3M

Cost of Sales

£63.4M

Gross Profit

£9.2M

Admin Expenses

£7.2M

Operating Profit

£1.7M

Profit After Tax

£407k

271avg. employees-3

Tax at Year End

Corp tax£86k

People Costs

Wages & salaries£7.9M
NI contributions£743k

Balance Sheet

Assets less current liabilities£17.0M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20251.79+£407k
20241.57+£2.1M
20231.47

Derived from filed accounts. Not audited figures.