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Wieland Metals Birmingham Ltd.

00139599

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

16 GREAT QUEEN STREET, LONDON, WC2B 5AH
Incorporated 11/03/1915

Compliance

Last accounts

30/09/2024

full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 30/01/2026

Due 13/02/2027

On track

Industry

24440
Copper production

Officers

Dr. Maher Ababneh

director · Since 01/10/2010

COMPANY DIRECTOR

GERMAN · UNITED KINGDOM · Age 54

Mr Paul David Charman

director · Since 01/07/2017

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 5 other boards

David Leslie Handley

director · Since 21/11/2019

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 3 other boards

Persons with Significant Control

Eduard Rudolf Carl Schleicher

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

German · Germany · Age 71

Graf-Arco-Strasse, Ulm, D-89079

Notified 21/02/2022

Former PSCs

Wieland (Holdings) Limited

Ceased 21/02/2022

Charges0 outstanding

charge
satisfied

CLOSE BROTHERS LIMITED

Created 22/12/1992Registered 05/01/1993Satisfied 30/09/1993
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 20/12/1985Registered 23/12/1985Satisfied 15/11/1994

CompanyRankvs 15+ SIC 24440 peers
80

Financial strength98th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.73× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 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.

Longevity15/15 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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 going co

Key FinancialsYear ending 30/09/2023

Turnover

£71.1M

Annual revenue

Net Worth

£29.6M

Balance sheet strength

Cash

£30k

Cash in the bank

Profit Before Tax

-£2.5M

Bottom line earnings

Net Current Assets

£13.1M

Working capital

Current Assets

£20.7M

Current Liabilities

£7.6M

Fixed Assets

£23.7M

Debtors

£6.8M

Cost of Sales

£65.5M

Gross Profit

£5.6M

Admin Expenses

£5.0M

Operating Profit

-£2.2M

Profit After Tax

-£2.0M

147avg. employees+4

Tax at Year End(2022)

Dividends paid-£750k

People Costs

Wages & salaries£6.0M
NI contributions£625k

Balance Sheet

Assets less current liabilities£36.8M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20232.73-£2.0M
20222.02

Derived from filed accounts. Not audited figures.