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Spud Contract Services Limited

12454327

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

SECOND FLOOR, THE ANNEXE NEW BARNES MILL, ST. ALBANS, AL1 2HA
Incorporated 11/02/2020

Compliance

Last accounts

31/03/2023

total exemption full

Next accounts due

31/12/2024

Overdue

Confirmation statement

Last: 10/02/2024

Due 24/02/2025

Overdue

Industry

78109
Other activities of employment placement agencies
82110
Combined office administrative service activities

Officers

Mr Paul Loftus

secretary · Since 11/02/2020

Mr Paul John Loftus

director · Since 11/02/2020

ENGINEER

IRISH · UNITED KINGDOM · Age 46

Also on 3 other boards

Persons with Significant Control

Mr Paul John Loftus

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

Irish · United Kingdom · Age 46

2 Sutherland Court, Brownfields, Welwyn Garden City, AL7 1BJ

Notified 11/02/2020

Charges0 outstanding

Charge
satisfied

ALDERMORE BANK PLC

Created 22/04/2021Registered 23/04/2021Satisfied 22/09/2021

Insolvency History1 case

creditors voluntary liquidation13/05/2025

Peter Nicholas Wastell (practitioner) · William John Turner (practitioner)

CompanyRankvs 15+ SIC 78109 peers
24

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.04× · 12/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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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.

Employees0/15 pts

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

Liquidity12/20 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/03/2023

Net Worth

£100

Balance sheet strength

Cash

£371k

Cash in the bank

Net Current Assets

£44k

Working capital

Current Assets

£1.3M

Current Liabilities

£1.3M

Debtors

£939k

2avg. employees

Balance Sheet

Assets less current liabilities£44k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20231.04

Derived from filed accounts. Not audited figures.