Distinction Group Limited
09340181
Some Concerns
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 03/12/2014
DIRECTOR
BRITISH · UNITED KINGDOM · Age 61
Also on 5 other boards
director · Since 01/11/2021
FINANCE DIRECTOR
BRITISH · UNITED KINGDOM · Age 33
Also on 5 other boards
director · Since 09/02/2022
DIRECTOR
BRITISH · WALES · Age 57
Also on 3 other boards
Persons with Significant Control
Distinction Manufacturing Group Limited
Wentworth 36, Wentworth Industrial Park Wentworth Way, Barnsley, S75 3DH
Reg: 13811038 · Companies House · Private Limited Company
Notified 09/02/2022
Former PSCs
Mr Andrew John Fowlds
Ceased 09/02/2022
Charges2 outstanding
SHAWBROOK BANK LIMITED
SHAWBROOK BANK LIMITED
LLOYDS BANK PLC
LLOYDS BANK PLC
ANDREW ESLER WRIGHT
GE COMMERCIAL FINANCE LIMTIED (SECURITY HOLDER)
CompanyRankvs 11783+ SIC 70100 peers24
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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
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
Key FinancialsYear ending 31/12/2024
Net Worth
£60k
Balance sheet strength
Cash
—
Cash in the bank
Profit Before Tax
£1.8M
Bottom line earnings
Net Current Assets
-£10.1M
Working capital
Current Assets
—
Current Liabilities
£10.1M
Profit After Tax
£1.8M
Tax at Year End
People Costs(2021)
Balance Sheet
EstimatesDerived
| Year | Implied Profit |
|---|---|
| 2024 | +£0 |
| 2023 | +£0 |
| 2022 | +£2.2M |
| 2021 | -£2.2M |
Derived from filed accounts. Not audited figures.