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Social Work Partners Limited

12993932

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

3 WARNERS MILL, BRAINTREE, CM7 3GB
Incorporated 03/11/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

78200
Temporary employment agency activities

Officers

Mr Stephen Daniel Lock

director · Since 23/05/2023

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 35

Also on 2 other boards

Persons with Significant Control

Former PSCs

Miss Annaliese Hill

Ceased 25/07/2021

Mr Haroon Ahmed Hussain

Ceased 08/10/2021

Mrs Caylah Joy Dutton

Ceased 01/11/2021

Teber Group Ltd

Ceased 11/05/2023

Quatro Group Limited

Ceased 30/12/2024

Charges1 outstanding

Charge
outstanding

SONOVATE LIMITED

Created 01/03/2024Registered 01/03/2024
Charge
satisfied

IGF BUSINESS CREDIT LIMITED

Created 09/09/2022Registered 13/09/2022Satisfied 07/04/2025
Charge
satisfied

CYNERGY BANK LIMITED

Created 10/12/2021Registered 13/12/2021Satisfied 22/09/2022

CompanyRankvs 10895+ SIC 78200 peers
22

Financial strength2th percentile among SIC peers · 1/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.98× · 6/20
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.

Employees14/15 pts

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

Liquidity6/20 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

United Kingdom and across the world represent a material uncertainty to the future of the economy and casts doubt on the ability of many companies to continue as a going concern. However, due to the nature of the business and the public sector client base, the demand for temporary workers in the social work sector has been maintained. The 2025 results per the management acco

Key FinancialsYear ending 31/12/2024

Turnover

£58.8M

Annual revenue

Net Worth

-£107k

Balance sheet strength

Cash

£199k

Cash in the bank

Profit Before Tax

£696k

Bottom line earnings

Net Current Assets

-£170k

Working capital

Current Assets

£8.7M

Current Liabilities

£8.9M

Fixed Assets

£67k

Debtors

£8.5M

Cost of Sales

£53.9M

Gross Profit

£4.9M

Admin Expenses

£3.3M

Profit After Tax

£509k

36avg. employees-12

Tax at Year End

Dividends paid-£550k

People Costs

Wages & salaries£55.8M
NI contributions£242k

Balance Sheet

Intangible assets£52k
Assets less current liabilities-£103k
Signed by Class 1Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.98-£41k
20230.98+£959k
20220.86-£981k
20210.45

Derived from filed accounts. Not audited figures.