W.E.Norton(Machine Tools)Limited
00506601
Details
Compliance
Last accounts
31/03/2023
total exemption full
Accounts
Confirmation statement
Last: 21/12/2023
Due
Industry
Officers
secretary · Since 21/12/1991
BRITISH · UNITED KINGDOM · Age 69
Also on 4 other boards
director · Since 21/12/1991
DIRECTOR
BRITISH · ENGLAND · Age 65
Also on 14 other boards
Persons with Significant Control
Mr Derek Hartle
British · England · Age 96
Belgrave Place, 8 Manchester Road, Bury, BL9 0ED
Notified 06/04/2016
Charges0 outstanding
NATIONAL WESTMINSTER BANK PLC
BARCLAYS BANK LTD
BARCLAYS BANK LTD
Insolvency History1 case
Hemal Mistry (practitioner) · Manubhai Govindbhai Mistry (practitioner)
CompanyRankvs 15+ SIC 64999 peers26
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Insolvency history: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2023
Net Worth
-£264k
Balance sheet strength
Cash
£23k
Cash in the bank
Net Current Assets
-£22k
Working capital
Current Assets
£28k
Current Liabilities
£50k
Fixed Assets
£0
Debtors
£6k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2023 | 0.56 |
Derived from filed accounts. Not audited figures.