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Will Barnes Limited

11296630

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)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 6 STADIUM BUSINESS PARK, CROWN QUAY LANE, ME10 3BG
Incorporated 06/04/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

52290
Other transportation support activities

Officers

Mr William Barnes

director · Since 06/04/2018

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Persons with Significant Control

Mr William Barnes

75–100% shares

British · United Kingdom · Age 47

Unit 6 Stadium Business Park, Castle Road, Eurolink Industrial Estate, Crown Quay Lane, ME10 3BG

Notified 06/04/2018

Charges1 outstanding

Charge
outstanding

SALLYPORT COMMERCIAL FINANCE LTD

Created 23/03/2026Registered 02/04/2026
Charge
satisfied

BLUEROCK SECURED FINANCE LIMITED

Created 20/09/2019Registered 20/09/2019Satisfied 20/03/2026
Charge
satisfied

BLUEROCK SECURED FINANCE LIMITED

Created 20/09/2019Registered 20/09/2019Satisfied 20/03/2026

CompanyRankvs 7634+ SIC 52290 peers
35

Financial strength3th percentile among SIC peers · 1/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.6× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees15/15 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.

Longevity8/15 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 30/04/2024

Net Worth

-£68k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£69k

Working capital

Current Assets

£102k

Current Liabilities

£171k

Fixed Assets

£152k

Debtors

£98k

61avg. employees+1

Tax at Year End

Corp tax£0

Balance Sheet

Assets less current liabilities£83k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20240.60
20230.92

Derived from filed accounts. Not audited figures.