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Edgewest Plastics (Uk) Limited

09274867

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

THE AVON BUILDING UNITS 137-145 SOUTH LIBERTY LANE, BRISTOL, BS3 2TL
Incorporated 22/10/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

22290
Manufacture of other plastic products

Officers

Mr Mark Andrew Rushin

director · Since 02/10/2020

MANAGER

BRITISH · ENGLAND · Age 55

Also on 4 other boards

Maria Jane Lewis

director · Since 04/01/2021

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 6 other boards

Mr Les Kozel

secretary · Since 27/10/2023

Persons with Significant Control

Avon Group Manufacturing (Holdings) Limited

75–100% shares
75–100% votes
Appoint directors

The Avon Building Units 137-145, South Liberty Lane, Bristol, BS3 2TL

Reg: 03006740 · Companies House · Private Company Limited By Shares

Notified 02/10/2020

Former PSCs

Mr Daniel John Bennett

Ceased 02/10/2020

Mr Peter Brian Partridge

Ceased 02/10/2020

Mrs Louise Bennett

Ceased 02/10/2020

Mrs Louise Partidge

Ceased 02/10/2020

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 23/10/2020Registered 28/10/2020
Charge
satisfied

LLOYDS BANK COMMERCIAL FINANCE LTD

Created 25/04/2015Registered 13/05/2015Satisfied 15/05/2019

CompanyRankvs 822+ SIC 22290 peers
54

Financial strength85th percentile among SIC peers · 21/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.25× · 12/20
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 strength21/25 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.

Liquidity12/20 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

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 going concern are d

Key FinancialsYear ending 31/03/2024

Turnover

£6.2M

Annual revenue

Net Worth

£1.2M

Balance sheet strength

Cash

£168

Cash in the bank

Profit Before Tax

-£401k

Bottom line earnings

Net Current Assets

£698k

Working capital

Current Assets

£3.5M

Current Liabilities

£2.8M

Fixed Assets

£539k

Debtors

£2.8M

Cost of Sales

£5.1M

Gross Profit

£1.0M

Admin Expenses

£1.2M

Operating Profit

-£401k

Profit After Tax

-£441k

60avg. employees+6

Tax at Year End

Corp tax£27k

Balance Sheet

Assets less current liabilities£1.2M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20241.25-£947k
20202.33+£161k
20192.01

Derived from filed accounts. Not audited figures.