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Courts (Wrexham) Limited

12617242

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

1 HARDMAN STREET, MANCHESTER, M3 3HF
Incorporated 21/05/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Mark Lawrence Poulton

director · Since 21/05/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Mr Peter Disley

director · Since 08/09/2021

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 2 other boards

Persons with Significant Control

Courts Developments Ltd

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

1, Hardman Street, Manchester, M3 3HF

Reg: 08166024 · Uk Register Of Companies · Private Company Limited By Shares

Notified 21/05/2020

Charges2 outstanding

Charge
outstanding

SHAWBROOK BANK LIMITED

Created 06/03/2024Registered 11/03/2024
Charge
outstanding

WREXHAM COUNTY BOROUGH COUNCIL

Created 03/11/2021Registered 05/11/2021

CompanyRankvs 79953+ SIC 41100 peers
6

Financial strength4th percentile among SIC peers · 1/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength1/25 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.

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.

Longevity6/15 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

the directors are aware of certain material uncertainties which may cause doubt on the company's ability to continue as a going concern. The company has net current liabilities and net liabilities at the balance sheet date. In order to continue to trade the company is reliant upon the support of its Directors and Shareholders. It has

Key FinancialsYear ending 30/12/2024

Net Worth

-£241k

Balance sheet strength

Cash

£19k

Cash in the bank

Net Current Assets

-£721k

Working capital

Current Assets

£20k

Current Liabilities

£741k

Fixed Assets

£1.1M

Debtors

£1k

0avg. employees-2

Tax at Year End

Corp tax£100

Balance Sheet

Assets less current liabilities£367k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.03-£94k
20230.00
20220.01
20210.00

Derived from filed accounts. Not audited figures.