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Sgm Heating Ltd

10959014

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

14 GENTIAN CLOSE, MAIDSTONE, ME14 5UE
Incorporated 12/09/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

Mr Simon Mowatt

director · Since 12/09/2017

DIRECTOR

ENGLISH · ENGLAND · Age 54

Persons with Significant Control

Mr Simon Mowatt

75–100% shares

English · England · Age 54

14, Gentian Close, Maidstone, ME14 5UE

Notified 12/09/2017

CompanyRankvs 32573+ SIC 43220 peers
32

Financial strength13th percentile among SIC peers · 3/25
Employees21th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.34× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees3/15 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

-£761

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£23k

Working capital

Current Assets

£12k

Current Liabilities

£34k

Fixed Assets

£27k

1avg. employees

Balance Sheet

Assets less current liabilities£5k
Signed by Mr Simon Mowatt 07/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.34
20241.03-£229
20231.50-£2k
20221.38
20201.25-£4k
20182.07

Derived from filed accounts. Not audited figures.