Southern Sheeting Supplies Ltd
08557784
Healthy
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 05/06/2013
DIRECTOR
BRITISH · ENGLAND · Age 43
Also on 2 other boards
director · Since 05/06/2013
DIRECTOR
BRITISH · UNITED KINGDOM · Age 55
Also on 4 other boards
director · Since 05/06/2013
DIRECTOR
BRITISH · UNITED KINGDOM · Age 51
Also on 3 other boards
director · Since 05/06/2013
DIRECTOR
BRITISH · UNITED KINGDOM · Age 82
Also on 5 other boards
Persons with Significant Control
Varn Group Ltd
Ground Floor, 1-7 Station Road, Crawley, RH10 1HT
Reg: 16340015 · United Kingdom · Private Company Limited By Shares
Notified 27/03/2025
Charges0 outstanding
HSBC BANK PLC
CompanyRankvs 766+ SIC 43910 peers74
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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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/03/2025
Net Worth
£3.7M
Balance sheet strength
Cash
£1.0M
Cash in the bank
Profit Before Tax
£81k
Bottom line earnings
Net Current Assets
£2.1M
Working capital
Current Assets
£5.6M
Current Liabilities
£3.5M
Fixed Assets
£1.7M
Debtors
£2.7M
Cost of Sales
£14.2M
Admin Expenses
£2.4M
Profit After Tax
£23k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.59 | -£209k |
| 2024 | 1.61 | -£88k |
| 2023 | 1.65 | +£555k |
| 2022 | 1.52 | +£1.2M |
| 2021 | 1.31 | +£696k |
| 2020 | 1.13 | +£6k |
| 2019 | 1.11 | — |
Derived from filed accounts. Not audited figures.