Back to search

Smith Tool Traders Ltd

13345498

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

1 Verdant Lane, London, SE6 1JB
Incorporated 19/04/2021

Compliance

Last accounts

30/04/2025

total exemption full

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 17/04/2026

Due 01/05/2027

On track

Industry

46620
Wholesale of machine tools

Officers

Mr Bence Kovacs

director · Since 20/04/2026

HUNGARIAN · ENGLAND · Age 32

Also on 1 other board

Bence Kovacs

director · Since 20/04/2026

Hungarian · England · Age 32

Former

Bence Kovacs

director · Resigned 20/04/2026

Persons with Significant Control

Mr Bence Kovacs

Significant control

Hungarian · England · Age 32

1, Verdant Lane, London, SE6 1JB

Notified 20/04/2026

Former PSCs

Mr Bence Kovacs

Ceased 20/04/2026

Change History

statusactive
2026-06-18

Active

typeltd
2026-06-18

Private Limited Company

address line11 Verdant Lane
2026-06-18

1 VERDANT LANE

post townLondon
2026-06-18

LONDON

officer appointedKOVACS, Bence
2026-06-18

CompanyRankvs 595+ SIC 46620 peers
30

Financial strength57th percentile among SIC peers · 14/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.65× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
How is this score calculated?
Financial strength14/25 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.

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.

Longevity5/15 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

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 30/04/2025

Net Worth

£32k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

-£93k

Working capital

Current Assets

£175k

Current Liabilities

£268k

Fixed Assets

£144k

Debtors

£17k

Balance Sheet

Assets less current liabilities£51k
Signed by Mr Bence Kovacs 08/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.65+£10k
20240.62+£10k
20230.60+£8k
20220.40

Derived from filed accounts. Not audited figures.