{"name":"HOUSEHAM SPRAYERS LIMITED","company_number":"02651880","status":"In Administration","type":"Private Limited Company","incorporated":"1991-10-07","dissolved":null,"registered_office":"3rd Floor 2 Charlotte Place, Southampton, SO14 0TB","postcode":"SO14 0TB","sic_codes":[{"code":28302,"description":"Manufacture of agricultural and forestry machinery other than tractors"}],"principal_activity":null,"previous_names":[{"name":"L.W. HOUSEHAM LIMITED","changed_on":"2003-07-17"},{"name":"BUILDCIRCLE LIMITED","changed_on":"1991-10-28"}],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 December","last_made_up_to":"2023-12-31","next_due":"2025-09-30"},"employees":null,"financials":[{"financial_date":"2023-12-31","net_assets":-1339829,"cash":417480},{"financial_date":"2022-12-31","net_assets":-1519038,"cash":583979},{"financial_date":"2021-12-31","net_assets":-1504450,"cash":91474},{"financial_date":"2020-12-31","turnover":8645019,"net_assets":-1316405,"cash":216105},{"financial_date":"2019-12-31","net_assets":1697362,"cash":332007}],"officers":{"current":2,"resigned":25,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":7,"outstanding":5},"gazette_notices":[{"date":"2025-02-11","kind":"insolvency"},{"date":"2025-01-27","kind":"insolvency"}],"insolvency_outcome":null,"ai_summary":"Househam Sprayers Limited represents a distressed but strategically viable specialist manufacturer whose 30-year brand equity, niche product expertise, and current order book are overshadowed by severe balance sheet insolvency and administration proceedings. The path to value preservation—whether through administrator-led restructuring, pre-pack sale, or asset realization—depends entirely on converting the cited 2024 order book into cash while managing creditor expectations. For any potential acquirer or investor, the brand and manufacturing know-how offer genuine value, but only if the £1.3M net liability position is decisively resolved through capital restructuring or debt-for-equity conversion.","website":"https://househamsprayers.co.uk/","links":{"page":"https://www.companiesintheuk.co.uk/ltd/househam-sprayers","people":"https://www.companiesintheuk.co.uk/company/househam-sprayers/people","filing_history":"https://www.companiesintheuk.co.uk/company/househam-sprayers/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/02651880","financials":"https://www.companiesintheuk.co.uk/company/househam-sprayers/financial","gazette":"https://www.companiesintheuk.co.uk/company/househam-sprayers/gazette","control":"https://www.companiesintheuk.co.uk/company/househam-sprayers/control","charges":"https://www.companiesintheuk.co.uk/company/househam-sprayers/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/househam-sprayers/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/househam-sprayers"}