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Scotts (2023) Limited

10888001

active
Private Limited Company
Companies House
Health Score
60 / 100

Some Concerns

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

Details

WOOL OVERS HOUSE, BURGESS HILL, RH15 9NB
Incorporated 28/07/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Michael David Lester

director · Since 18/05/2020

CHIEF EXECUTIVE OFFICER

BRITISH · UNITED KINGDOM · Age 51

Also on 14 other boards

Mr Mark Frederick Caroe

director · Since 22/10/2021

MANAGEMENT CONSULTANT

BRITISH · ENGLAND · Age 64

Also on 20 other boards

Mr Stephen Peter Kehl

director · Since 05/01/2023

FINANCIAL DIRECTOR

BRITISH · UNITED KINGDOM · Age 31

Also on 13 other boards

Persons with Significant Control

Woolovers Limited

75–100% shares

Woolovers House, Victoria Gardens, Burgess Hill, RH15 9NB

Reg: 03445676 · Registrar Of Companies (England And Wales) · Limited Company

Notified 28/11/2022

Former PSCs

Inhoco Formations Limited

Ceased 28/02/2018

Mr Nicholas Bruce Falkingham

Ceased 18/05/2020

Project Pure Holdco Limited

Ceased 28/11/2022

Charges5 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 15/04/2025Registered 17/04/2025
Charge
satisfied

LLOYDS BANK PLC

Created 03/08/2023Registered 04/08/2023Satisfied 09/08/2023
Charge
outstanding

LLOYDS BANK CORPORATE MARKETS PLC

Created 03/08/2023Registered 04/08/2023
Charge
outstanding

LLOYDS BANK PLC

Created 03/08/2023Registered 04/08/2023
Charge
outstanding

LLOYDS BANK PLC

Created 03/08/2023Registered 04/08/2023
Charge
outstanding

LLOYDS BANK CORPORATE MARKETS PLC

Created 03/08/2023Registered 04/08/2023
Charge
satisfied

HSBC BANK PLC

Created 28/02/2018Registered 07/03/2018Satisfied 17/04/2020

CompanyRankvs 46523+ SIC 47910 peers
21

Financial strength26th percentile among SIC peers · 7/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.39× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength7/25 pts

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

Employees8/15 pts

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

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity9/15 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

company that it will continue to provide support for a period of at least 12 months from the date of approval of the financial statements. In assessing the Company's ability to continue as a going concern, given the existence of a group treasury function and the confirmed support from the parent company, the directors have made reference to the going concern note as disclosed in Wourth Gr

Key FinancialsYear ending 29/03/2025

Net Worth

£0

Balance sheet strength

Cash

£261k

Cash in the bank

Profit Before Tax

-£1.6M

Bottom line earnings

Net Current Assets

-£3.5M

Working capital

Current Assets

£2.2M

Current Liabilities

£5.7M

Fixed Assets

£110k

Debtors

£1.6M

Admin Expenses

£5.7M

Profit After Tax

-£1.2M

1avg. employees-83

Tax at Year End

Corp tax£1k

People Costs

Wages & salaries£3.6M

Balance Sheet

Intangible assets£68k
Assets less current liabilities-£3.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.39
20240.52
20230.58
202220.00-£399k
20212.98-£434
2019NaN

Derived from filed accounts. Not audited figures.