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Direct Heating & Plumbing Trade Counters Limited

12888477

active
Private Limited Company
england wales
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

12-15 HANGER GREEN, LONDON, W5 3EL
Incorporated 18/09/2020

Compliance

Last accounts

31/12/2024

audit exemption subsidiary

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 18/09/2025

Due 02/10/2026

On track

Industry

47789
Other retail sale of new goods in specialised stores

Officers

Mr Neil Simon Lake

director · Since 18/09/2020

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 5 other boards

Mr Shanker Bhupendrabhai Patel

director · Since 31/03/2022

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 23 other boards

Mr Stuart Charles Kilpatrick

director · Since 04/06/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 48 other boards

Mr Matthew James Alcraft

director · Since 17/01/2025

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 5 other boards

Mr Matthew William David Webber

director · Since 16/09/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 5 other boards

Mr David James Beckingham

director · Since 16/12/2025

BRITISH · UNITED KINGDOM · Age 53

Also on 5 other boards

Persons with Significant Control

Dh&P Trade Counters Holdings Limited

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

12-15, Hanger Green, London, W5 3EL

Reg: 12888351 · England & Wales · Limited Company

Notified 13/01/2021

Former PSCs

Direct Heating & Plumbing Merchants Limited

Ceased 11/01/2021

Dh&P Hrp Holdings Limited

Ceased 13/01/2021

Charges4 outstanding

Charge
outstanding

HSBC INVOICE FINANCE (UK) LIMITED (AS SECURITY AGENT)

Created 02/04/2026Registered 08/04/2026
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC (AS SECURITY AGENT)

Created 02/04/2026Registered 07/04/2026
Charge
outstanding

HSBC INVOICE FINANCE (UK) LIMITED

Created 05/04/2023Registered 11/04/2023
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC (AS SECURITY AGENT)

Created 05/04/2023Registered 06/04/2023
Charge
satisfied

HSBC INVOICE FINANCE (UK) LIMITED

Created 28/04/2022Registered 05/05/2022Satisfied 25/10/2023
Charge
satisfied

HSBC UK BANK PLC (AS SECURITY AGENT)

Created 28/04/2022Registered 28/04/2022Satisfied 25/10/2023

CompanyRankvs 1193+ SIC 47789 peers
59

Financial strength97th percentile among SIC peers · 24/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.62× · 20/20
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 strength24/25 pts

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

Employees14/15 pts

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

Liquidity20/20 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

that may cast significant doubt about the ability of the company to continue as a going concern . However, because not all future events or conditions can be predicted, this statement is not a guarantee as to the company's ability to continue as a going concern. For example, the extent of the i

Key FinancialsYear ending 31/07/2021

Turnover

£4.8M

Annual revenue

Net Worth

£1.5M

Balance sheet strength

Cash

£452k

Cash in the bank

Profit Before Tax

£1.6M

Bottom line earnings

Net Current Assets

£1.4M

Working capital

Current Assets

£2.3M

Current Liabilities

£889k

Fixed Assets

£98k

Debtors

£757k

Cost of Sales

£3.7M

Gross Profit

£1.1M

Admin Expenses

£788k

Operating Profit

£1.6M

Profit After Tax

£1.5M

14avg. employees

Tax at Year End

Corp tax£41k

Balance Sheet

Assets less current liabilities£1.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20212.62

Derived from filed accounts. Not audited figures.