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Business Network West Midlands Limited

08684455

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

LEONARD CURTIS HOUSE ELMS SQUARE BURY NEW ROAD, GREATER MANCHESTER, M45 7TA
Incorporated 10/09/2013

Compliance

Last accounts

30/09/2022

total exemption full

Accounts

Up to date

Confirmation statement

Last: 30/09/2022

Due

On track

Industry

94990
Activities of other membership organisations

Officers

Mr Peter Antony Higgs

director · Since 10/09/2013

EXECUTIVE DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 11 other boards

Mrs Penelope Mary Higgs

director · Since 01/07/2017

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 5 other boards

Persons with Significant Control

Mrs Penelope Mary Higgs

75–100% shares

British · England · Age 57

The Oaklands, High Street, Wolverhampton, WV7 3EQ

Notified 06/04/2016

Former PSCs

Mr Peter Antony Higgs

Ceased 30/09/2022

Insolvency History1 case

members voluntary liquidation14/03/2023

Conrad Alan Beighton (practitioner) · David Craig Griffiths (practitioner) · Steve Markey (practitioner)

CompanyRankvs 15+ SIC 94990 peers
38

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 3.01× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 30/09/2022

Net Worth

£559k

Balance sheet strength

Cash

£670k

Cash in the bank

Net Current Assets

£511k

Working capital

Current Assets

£765k

Current Liabilities

£254k

Fixed Assets

£49k

Debtors

£94k

4avg. employees+1

Balance Sheet

Assets less current liabilities£559k
Signed by Mr Peter Higgs 27th February 2023Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20223.01+£558k
20211.43—

Derived from filed accounts. Not audited figures.