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Bsp Tex Ltd

00194713

active
Private Limited Company
england wales
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

UNIT 25 CLAYDON BUSINESS PARK, IPSWICH, IP6 0NL
Incorporated 28/12/1923

Compliance

Last accounts

31/03/2025

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 24/10/2025

Due 07/11/2026

On track

Industry

25620
Machining
32990
Other manufacturing

Officers

Mr Richard John Melton

director · Since 01/01/2008

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 2 other boards

Mr Tony Charles Mallett

director · Since 01/01/2018

DIRECTOR

BRITISH · ENGLAND · Age 55

Mr Raymond Mark Ransome

director · Since 01/01/2018

SALES DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Mr Greg Brown

director · Since 21/03/2022

CHIEF COMMERCIAL OFFICER

BRITISH · ENGLAND · Age 55

Also on 7 other boards

Mrs Ruth Mann

secretary · Since 18/10/2022

Persons with Significant Control

Tex Group Limited

ownership-of-shares-75-to-100-percent-as-firm
voting-rights-75-to-100-percent-as-firm
right-to-appoint-and-remove-directors-as-firm

Unit 25, Claydon Business Park, Ipswich, IP6 0NL

Reg: 00405838 · Uk Registry Of Companies · Private Limited Company

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 23/06/2023Registered 30/06/2023
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 20/01/2020Registered 10/02/2020Satisfied 16/10/2023
Charge
satisfied

EDWARD LE BAS PROPERTIES LIMITED

Created 27/11/2019Registered 10/12/2019Satisfied 25/04/2022
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 02/01/1990Registered 10/01/1990Satisfied 08/04/2022
charge
satisfied

MIDLAND BANK PLC

Created 18/09/1986Registered 02/10/1986Satisfied 24/04/1990
charge
satisfied

LOMBARD NORTH CENTRAL

Created 06/08/1976Registered 10/08/1976
charge
satisfied
Registered 15/01/1931Satisfied 25/04/2022
charge
satisfied
Registered 10/05/1924Satisfied 08/04/2022

CompanyRankvs 1305+ SIC 25620 peers
36

Financial strength48th percentile among SIC peers · 12/25
Employees94th percentile among SIC peers · 14/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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1305Bsp Tex Ltd
56
How is this score calculated?
Financial strength12/25 pts

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

Employees14/15 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.

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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our qualified opinion. Material uncertainty related to going concern We draw attention to note 2.3 in the financial statements, which indicates that the Company had net liabilities as at 31 March 2021 and is dependent on the parent entity (Tex Group Limited)

Key FinancialsYear ending 31/03/2021

Net Worth

£50k

Balance sheet strength

Cash

£95k

Cash in the bank

Profit Before Tax

-£191k

Bottom line earnings

Net Current Assets

—

Working capital

Current Assets

—

Current Liabilities

£1.7M

Fixed Assets

£467k

Debtors

£1.0M

Profit After Tax

-£148k

38avg. employees

Tax at Year End

Corp tax£285

People Costs

Wages & salaries£1.7M
NI contributions£134k
Prepared with Caseware UK (AP4) 2020.0.247