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Handel Group Limited

14333330

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

MILLBUCK CLOSE, SWINDON, SN2 8XU
Incorporated 02/09/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64202
Activities of production holding companies

Officers

Mr Ben Forsey

director · Since 02/09/2022

FINANCE DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 10 other boards

Mr Samuel Richard William Purchase

director · Since 02/09/2022

SALES DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 8 other boards

Mr Simon John Smogur

director · Since 02/09/2022

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 2 other boards

Persons with Significant Control

Mr Simon John Smogur

50–75% shares
50–75% votes

British · England · Age 39

Millbuck Close, Elgin Drive, Swindon, SN2 8XU

Notified 02/09/2022

Charges1 outstanding

Charge
satisfied

IAN SMITH · ANTHONY CLEGG · BRADLEY WHITTOCK · MARK ALLINGTON

Created 11/10/2023Registered 19/10/2023Satisfied 30/10/2024
Charge
outstanding

BARCLAYS BANK PLC

Created 28/11/2022Registered 29/11/2022

CompanyRankvs 605+ SIC 64202 peers
29

Financial strength76th percentile among SIC peers · 19/25
Employees70th percentile among SIC peers · 11/15
LiquidityNo balance sheet data · 0/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength19/25 pts

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

Employees11/15 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

Outstanding charges: -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

£658k

Balance sheet strength

Cash

£254k

Cash in the bank

Net Current Assets

-£1.4M

Working capital

Current Assets

Current Liabilities

£1.4M

Fixed Assets

£3.2M

Debtors

£5.3M

Profit After Tax

£1.9M

2avg. employees-1

Tax at Year End

Corp tax£0

People Costs

Wages & salaries£6.5M

Balance Sheet

Intangible assets£2.2M
Bank loans & overdrafts£420k
Assets less current liabilities£5.5M
Prepared with CCH Software

EstimatesDerived

YearImplied Profit
2024+£1.9M
2023-£2.5M

Derived from filed accounts. Not audited figures.