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Frankham National Limited

14729645

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

IRENE HOUSE FIVE ARCHES BUSINESS CENTRE, SIDCUP, DA14 5AE
Incorporated 14/03/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64203
Activities of construction holding companies

Officers

Mr Richard John Chitty

director · Since 14/03/2023

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 5 other boards

Mr Richard Mark West

director · Since 18/03/2026

BRITISH · ENGLAND · Age 52

Also on 13 other boards

Persons with Significant Control

Leo Bidco Limited

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

One Eleven, Edmund Street, Birmingham, B3 2HJ

Reg: 16819159 · Companies House · Private Company Limited By Shares

Notified 06/03/2026

Former PSCs

Mr Steven John Frankham

Ceased 06/03/2026

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC (AS SECURITY AGENT)

Created 13/03/2026Registered 16/03/2026
Charge
outstanding

LDC (MANAGERS) LIMITED AS SECURITY TRUSTEE FOR THE SECURED PARTIES

Created 06/03/2026Registered 10/03/2026

CompanyRankvs 160+ SIC 64203 peers
57

Financial strength97th percentile among SIC peers · 24/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.05× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 pts

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

Liquidity20/20 pts

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

Longevity3/15 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

misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the group's and the parent company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the group or the parent compan

Key FinancialsYear ending 31/03/2025

Turnover

£25.7M

Annual revenue

Net Worth

£7.0M

Balance sheet strength

Cash

£3.2M

Cash in the bank

Profit Before Tax

£2.3M

Bottom line earnings

Net Current Assets

£6.6M

Working capital

Current Assets

£13.0M

Current Liabilities

£6.3M

Fixed Assets

£386k

Debtors

£9.7M

Cost of Sales

£15.9M

Gross Profit

£9.8M

Admin Expenses

£7.6M

Operating Profit

£2.2M

Profit After Tax

£1.7M

211avg. employees+8

Tax at Year End

Corp tax£493k
Dividends paid£98k

Director Loans

Company owes directors£258k

People Costs

Wages & salaries£11.5M
NI contributions£1.3M

Balance Sheet

Assets less current liabilities£7.0M
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20252.05+£1.6M
20241.94

Derived from filed accounts. Not audited figures.