Back to search

Securaco Ltd

12976237

active
Private Limited Company
wales
Companies House
Insolvency history
Health Score
51 / 100

Notable Risks

25/30
Filing
10/30
Financial
16/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Active insolvency proceedings (-20)
  • 2 outstanding charges (-4)

Details

THE MALTINGS C/O GS VERDE ACCOUNTANTS LIMITED, CARDIFF, CF24 5EZ
Incorporated 27/10/2020

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 18/04/2025

Due 02/05/2026

Overdue

Industry

25720
Manufacture of locks and hinges

Officers

Mr Gavin Thomas Jones

director · Since 27/10/2020

COMPANY DIRECTOR

BRITISH · WALES · Age 48

Also on 7 other boards

Persons with Significant Control

Mr Gavin Thomas Jones

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

British · Wales · Age 48

The Maltings, C/O Gs Verde Accountants Limited, Cardiff, CF24 5EZ

Notified 27/10/2020

Charges2 outstanding

Charge
satisfied

SENECA TRADE FINANCE LTD

Created 11/07/2024Registered 21/07/2024Satisfied 06/08/2024
Charge
outstanding

TIME INVOICE FINANCE LIMITED

Created 12/04/2024Registered 12/04/2024
Charge
outstanding

DBW INVESTMENTS (3) LIMITED

Created 12/01/2024Registered 15/01/2024

Insolvency History1 case

creditors voluntary liquidation14/05/2026

Gareth Bishop (practitioner) · Helen Whitehouse (practitioner)

CompanyRankvs 197+ SIC 25720 peers
14

Financial strength4th percentile among SIC peers · 1/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 1.43× · 12/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
Show leaderboard
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.

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.

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

Outstanding charges: -10 pts

Insolvency history: -10 pts

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

Key FinancialsYear ending 30/09/2024

Net Worth

-£133k

Balance sheet strength

Cash

£33k

Cash in the bank

Net Current Assets

£59k

Working capital

Current Assets

£197k

Current Liabilities

£138k

Fixed Assets

£2k

Debtors

£97k

Balance Sheet

Intangible assets£2k
Assets less current liabilities£62k
Signed by Mr Gavin Jones 15 May 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.43-£86k
202313.44-£56k
202217.95+£3k
202111.22

Derived from filed accounts. Not audited figures.