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Borehole Solutions (North) Limited

10953812

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

SAPPHIRE HEIGHTS COURTYARD, BIRMINGHAM, B1 3ES
Incorporated 08/09/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43130
Test drilling and boring

Officers

Mr John James Rodgman

director · Since 08/09/2017

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 9 other boards

Mr Philip Graeme Rodgman

director · Since 30/09/2018

DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 5 other boards

Persons with Significant Control

Borehole Solutions Ltd

ownership-of-shares-50-to-75-percent-as-firm
voting-rights-50-to-75-percent-as-firm

Sapphire Heights Courtyard, 31 Tenby Street North, Birmingham, B1 3ES

Reg: 9266910 · England And Wales · Limited Company

Notified 08/09/2017

Mr John James Rodgman

Significant control

British · England · Age 44

Sapphire Heights Courtyard, 31 Tenby Street North, Birmingham, B1 3ES

Notified 08/09/2017

Mr Philip Graeme Rodgman

25–50% shares
25–50% votes

British · England · Age 41

Sapphire Heights Courtyard, 31 Tenby Street North, Birmingham, B1 3ES

Notified 27/01/2023

Former PSCs

Mr Andrew Joseph Pearson

Ceased 27/01/2023

Charges1 outstanding

Charge
outstanding

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 07/03/2023Registered 08/03/2023
Charge
satisfied

ALDERMORE BANK PLC

Created 21/07/2021Registered 22/07/2021Satisfied 14/04/2023
Charge
satisfied

LLOYDS BANK COMMERCIAL FINANCE LTD

Created 30/08/2019Registered 02/09/2019Satisfied 14/04/2023
Charge
satisfied

MARKETINVOICE LIMITED

Created 16/07/2019Registered 16/07/2019Satisfied 27/08/2019

CompanyRankvs 404+ SIC 43130 peers
15

Financial strength1th percentile among SIC peers · 0/25
Employees9th percentile among SIC peers · 1/15
LiquidityNo balance sheet data · 0/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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404Borehole Solutions (North) Limited
24
How is this score calculated?
Financial strength0/25 pts

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

Employees1/15 pts

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

Liquidity0/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/10/2024

Net Worth

-£631k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£629k

Working capital

Current Assets

—

Current Liabilities

£893k

Fixed Assets

£5k

Debtors

£264k

0avg. employees-2

Balance Sheet

Bank loans & overdrafts£7k
Assets less current liabilities-£624k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
2024—-£91k
20230.46+£35k
20220.49-£204k
20210.57-£163k
20200.55-£233k
20190.91—

Derived from filed accounts. Not audited figures.