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Ballyclare Group Limited

08820424

active
Private Limited Company
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

10 ST JAMESÆS PLACE, LONDON, SW1A 1NP
Incorporated 19/12/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Carlton Greener

director · Since 28/06/2021

CERTIFIED CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 60

Also on 8 other boards

Mr Hansjuergen Huebner

director · Since 29/06/2021

COMPANY DIRECTOR

GERMAN · GERMANY · Age 47

Mr Nicholas Paul Teagle

director · Since 14/07/2023

DIRECTOR

BRITISH · ENGLAND · Age 47

Mr Arvin Ghoora

director · Since 10/07/2024

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 2 other boards

Persons with Significant Control

Mountain Berg Holdings Limited

25–50% shares
75–100% votes

10 St James's Place, London, SW1A 1NP

Reg: 11532828 · Companies House · Company Limited By Shares

Notified 12/04/2019

Mountain Berg Limited

50–75% shares
Appoint directors

10 St James's Place, London, SW1A 1NP

Reg: 07851252 · Companies House · Company Limited By Shares

Notified 31/12/2023

Former PSCs

Mr David Peter John Ross

Ceased 12/04/2019

Charges3 outstanding

Charge
outstanding

MOUNTAIN BERG LIMITED

Created 18/07/2022Registered 19/07/2022
Charge
outstanding

SECURE TRUST BANK PLC

Created 17/09/2021Registered 17/09/2021
Charge
satisfied

MOUNTAIN BERG LIMITED

Created 18/06/2018Registered 02/07/2018Satisfied 25/09/2019
Charge
outstanding

SECURE TRUST BANK PLC

Created 29/03/2018Registered 04/04/2018

CompanyRankvs 43050+ SIC 64209 peers
55

Financial strength99th percentile among SIC peers · 25/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 4.46× · 20/20
Longevity12 years trading (max 15) · 12/15
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.

Employees3/15 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.

Longevity12/15 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

of group companies to which this company has loans payable have given assurances that these loans will not be recalled to an extent that would jeopardise this company's ability to continue as a going concern. The directors having considered the above believe it is appropriate to continue to adopt the going concern basis in preparing the financial statements. STATEMENT OF DIRECTORS' RESPONSIB

Key FinancialsYear ending 31/12/2024

Net Worth

£46.9M

Balance sheet strength

Cash

£32k

Cash in the bank

Profit Before Tax

-£1.3M

Bottom line earnings

Net Current Assets

£16.8M

Working capital

Current Assets

£21.7M

Current Liabilities

£4.9M

Fixed Assets

£1.9M

Debtors

£21.7M

Admin Expenses

£689k

Operating Profit

-£689k

Profit After Tax

-£1.3M

0avg. employees

People Costs(2019)

Wages & salaries£454k
NI contributions£54k

Balance Sheet

Assets less current liabilities£18.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.46+£5.2M
20232.11+£18.8M
20210.81+£0
20190.88+£0
20180.71

Derived from filed accounts. Not audited figures.