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Wessex Industrial Holdings Limited

14123855

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

WESSEX PACKAGING 26 MEAD AVENUE, YEOVIL, BA22 8RT
Incorporated 23/05/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64204
Activities of distribution holding companies

Officers

Mr Mark Barter

director · Since 23/05/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 5 other boards

Mr Douglas Barter

director · Since 24/08/2023

DIRECTOR

BRITISH · UNITED STATES · Age 48

Also on 1 other board

Mr Roger Barter

director · Since 24/08/2023

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 3 other boards

Persons with Significant Control

Mr Mark Barter

Significant control

British · England · Age 54

Wessex Packaging, 26 Mead Avenue, Yeovil, BA22 8RT

Notified 23/05/2022

Mr Roger Barter

Significant control

British · England · Age 53

26, Mead Avenue, Yeovil, BA22 8RT

Notified 11/08/2022

CompanyRankvs 459+ SIC 64204 peers
36

Financial strength96th percentile among SIC peers · 24/25
Employees23th percentile among SIC peers · 3/15
LiquidityNo balance sheet data · 0/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

Employees3/15 pts

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

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity4/15 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

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2024

Net Worth

£10.1M

Balance sheet strength

Cash

£3.8M

Cash in the bank

Net Current Assets

Working capital

Current Assets

Current Liabilities

£0

Fixed Assets

£463k

Debtors

£5.1M

Cost of Sales

£22.8M

Admin Expenses

£6.1M

Profit After Tax

£2.5M

0avg. employees

Tax at Year End

Corp tax£243k
Dividends paid-£724k

People Costs

Wages & salaries£3.9M

Balance Sheet

Intangible assets£795k
Bank loans & overdrafts£11k
Assets less current liabilities£1.4M
Prepared with CCH Software