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Method Storage (Southern) Limited

08529947

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

35 COLWORTH HOUSE COLWORTH BUSINESS PARK, BEDFORD, MK44 1LQ
Incorporated 15/05/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation
43330
Floor and wall covering
43999
Specialised construction activities

Officers

Mr Daren Fraser Hughes

director · Since 15/05/2013

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 56

Mrs Paula Jane Hughes

director · Since 26/11/2025

BRITISH · ENGLAND · Age 56

Also on 1 other board

Persons with Significant Control

Mr Daren Fraser Hughes

Significant control

British · England · Age 56

35 Colworth House, Colworth Business Park, Bedford, MK44 1LQ

Notified 06/04/2016

Induscheme Limited

75–100% shares

35 Colworth House, Colworth Park, Bedford, MK44 1LQ

Reg: 08517870 · England · Limited Company

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 01/04/2021Registered 13/04/2021

CompanyRankvs 7560+ SIC 43210 peers
64

Financial strength86th percentile among SIC peers · 22/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 1.74× · 16/20
Longevity13 years trading (max 15) · 13/15
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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/01/2025

Net Worth

£108k

Balance sheet strength

Cash

£190k

Cash in the bank

Net Current Assets

£88k

Working capital

Current Assets

£207k

Current Liabilities

£119k

Fixed Assets

£33k

Debtors

£1k

2avg. employees-1

Tax at Year End

Corp tax£4k

Balance Sheet

Assets less current liabilities£121k
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20251.74+£31k
20241.88-£331
20231.29

Derived from filed accounts. Not audited figures.