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Divestiture Limited

08886559

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

UNIT 6 THE OFFICE CAMPUS, WAKEFIELD, WF1 2UY
Incorporated 11/02/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43110
Demolition

Officers

Mr Darren James Palin

director · Since 11/02/2014

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 10 other boards

Mrs Julie Ann Marie Palin

director · Since 11/02/2014

DIRECTOR

ENGLISH · ENGLAND · Age 55

Persons with Significant Control

Mrs Julie Ann Marie Palin

25–50% shares
25–50% votes

English · England · Age 55

Unit 6, The Office Campus, Wakefield, WF1 2UY

Notified 06/04/2016

Mr Darren James Palin

25–50% shares
25–50% votes

British · England · Age 57

Unit 6, The Office Campus, Wakefield, WF1 2UY

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

LLOYDS BANK COMMERCIAL FINANCE LTD

Created 13/10/2017Registered 18/10/2017Satisfied 30/09/2021

CompanyRankvs 375+ SIC 43110 peers
70

Financial strength93th percentile among SIC peers · 23/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.73× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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375Divestiture Limited
66
How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 pts

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

Liquidity6/20 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.

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

Key FinancialsYear ending 31/03/2024

Net Worth

£1.3M

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

-£511k

Working capital

Current Assets

£1.4M

Current Liabilities

£1.9M

Fixed Assets

£2.2M

Debtors

£1.0M

13avg. employees

Balance Sheet

Assets less current liabilities£1.6M
Signed by 2023-04-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.73+£105k
20230.66+£289k
20220.88+£431k
20210.99+£359k
20201.11+£29k
20191.03+£477
20181.03—

Derived from filed accounts. Not audited figures.