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Sds Pipe Systems (Holdings) Limited

12065290

active
ltd
england wales
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)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

Goodwood House, Blackbrook Park Avenue, Taunton, TA1 2PX
Incorporated 24/06/2019

Previously known as

Weholite International Limited · until 05/03/2020

Compliance

Last accounts

31/12/2024

audit exemption subsidiary

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 21/07/2025

Due 04/08/2026

On track

Industry

64203
Activities of construction holding companies

Officers

Mr Patrick Gabriel Cullen

director · Since 24/06/2019

DIRECTOR

IRISH · UNITED KINGDOM · Age 59

Also on 1 other board

Patrick Gabriel Cullen

director · Since 24/06/2019

Irish · United Kingdom · Age 59

Persons with Significant Control

Sds Water Group Limited

75–100% shares
75–100% votes
Appoint directors

3, Filers Way, Weston-Super-Mare, BS24 7JP

Reg: 15253521 · Companies House · Limited Company

Notified 28/11/2023

Former PSCs

Sds Holdings Limited

Ceased 28/11/2023

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 25/10/2024Registered 29/10/2024
Charge
satisfied

SDS HOLDINGS LIMITED

Created 09/09/2019Registered 10/09/2019Satisfied 16/11/2023

Change History

statusactive
2026-06-21

Active

typeltd
2026-06-21

Private Limited Company

address line1Goodwood House
2026-06-21

GOODWOOD HOUSE

post townTaunton
2026-06-21

TAUNTON

officer appointedCULLEN, Patrick Gabriel
2026-06-21

CompanyRankvs 1634+ SIC 64203 peers
24

Financial strength55th percentile among SIC peers · 14/25
Employees56th percentile among SIC peers · 8/15
LiquidityNo balance sheet data · 0/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength14/25 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.

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.

Longevity7/15 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

as falling due within one year. The director has obtained confirmation that payment will not be required if detrimental to the company’s ability to continue as a going concern. The director considers the group to be a going concern. See SDS Holdings Limited consolidated accounts for additional consideration. Investment carrying value – The company acquired its investment i

Key FinancialsYear ending 31/12/2023

Net Worth

£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£2.9M

Working capital

Current Assets

Current Liabilities

£2.9M

Fixed Assets

£2.9M

Debtors

£3.6M

1avg. employees
Prepared with Digita Accounts Production Advanced