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Ark Build (Holdings) Ltd

12283081

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

UNIT 12 LOUGHTON BUSINESS CENTRE, LOUGHTON, IG10 3FL
Incorporated 25/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41201
Construction of commercial buildings

Officers

Mr Michael Joseph Finlay

director · Since 25/10/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 8 other boards

Mr Alan Stanton

director · Since 22/07/2021

CERTIFIED CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 82

Also on 5 other boards

Persons with Significant Control

Mr Michael Joseph Finlay

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

British · England · Age 62

Unit 12 Loughton Business Centre, Langston Road, Loughton, IG10 3FL

Notified 25/10/2019

CompanyRankvs 158410+ SIC 41201 peers
39

Financial strength99th percentile among SIC peers · 25/25
Employees10th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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15841Ark Build (Holdings) Ltd
49
How is this score calculated?
Financial strength25/25 pts

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

Employees2/15 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

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

Going Concern Doubt

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Directors with respect to

Key FinancialsYear ending 31/10/2024

Net Worth

£4.6M

Balance sheet strength

Cash

£1.9M

Cash in the bank

Net Current Assets

-£30k

Working capital

Current Assets

—

Current Liabilities

£30k

Fixed Assets

£3.5M

Debtors

£2.5M

Cost of Sales

£13.4M

Admin Expenses

£2.5M

Profit After Tax

£317k

0avg. employees

Tax at Year End

Corp tax£195k
Dividends paid-£24k

People Costs

Wages & salaries£3.7M

Balance Sheet

Intangible assets-£31k
Assets less current liabilities£3.5M
Prepared with CCH Software

EstimatesDerived

YearImplied Profit
2024+£1.2M
2023+£24k
2022-£651k
2021+£534k

Derived from filed accounts. Not audited figures.