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Cannon (Nw) Ltd

10021296

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

UNIT 15, CABLE COURT PITTMAN WAY, PRESTON, PR2 9YW
Incorporated 23/02/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Mr Salim Kamal

director · Since 23/02/2016

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 10 other boards

Mr Hassim Vorajee

director · Since 23/02/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 14 other boards

Persons with Significant Control

Mr Hassim Vorajee

25–50% shares

British · United Kingdom · Age 57

Unit 15, Cable Court, Pittman Way, Preston, PR2 9YW

Notified 01/09/2016

Mr Salim Kamal

25–50% shares

British · England · Age 58

Unit 15, Cable Court, Pittman Way, Preston, PR2 9YW

Notified 01/09/2016

Charges3 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 08/03/2017Registered 17/03/2017
Charge
outstanding

LLOYDS BANK PLC

Created 06/01/2017Registered 06/01/2017
Charge
outstanding

LLOYDS BANK PLC

Created 17/05/2016Registered 02/06/2016

CompanyRankvs 26021+ SIC 96090 peers
58

Financial strength97th percentile among SIC peers · 24/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.67× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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26021Cannon (Nw) Ltd
64
How is this score calculated?
Financial strength24/25 pts

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

Employees13/15 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.

Longevity10/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 28/02/2025

Net Worth

£871k

Balance sheet strength

Cash

£67k

Cash in the bank

Net Current Assets

-£92k

Working capital

Current Assets

£187k

Current Liabilities

£279k

Fixed Assets

£1.1M

Debtors

£120k

3avg. employees

Balance Sheet

Bank loans & overdrafts£129k
Assets less current liabilities£1.0M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.67+£0
20250.67+£32k
20240.58+£31k
20230.43+£24k
20220.39+£24k
20210.55-£121k
20200.90+£886k
20190.03—

Derived from filed accounts. Not audited figures.