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Jones Springs (Engineering) Limited

00520744

active
Private Limited Company
england wales
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

GLADSTONE STREET, WEST MIDLANDS, WS10 8BE
Incorporated 18/06/1953

Compliance

Last accounts

30/09/2024

unaudited abridged

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 11/06/2025

Due 25/06/2026

On track

Industry

29320
Manufacture of other parts and accessories for motor vehicles
32990
Other manufacturing

Officers

Mr Carl Sidney Jones

secretary · Since 12/10/1994

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 3 other boards

Mr Carl Sidney Jones

director · Since 12/10/1994

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 3 other boards

Mrs Hannah Michelle Jones-Bankes

director · Since 27/06/2022

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Persons with Significant Control

Mr Carl Sidney Jones

50–75% shares
50–75% votes
Appoint directors

English · England · Age 54

Gladstone Street, West Midlands, WS10 8BE

Notified 26/02/2017

Mrs Hannah Michelle Jones-Bankes

25–50% shares
25–50% votes

British · United Kingdom · Age 51

Gladstone Street, West Midlands, WS10 8BE

Notified 10/06/2022

Former PSCs

Leslie John Richards

Ceased 13/12/2018

Mrs Pauline Richards

Ceased 10/06/2022

Charges3 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 26/05/2010Registered 28/05/2010
charge
outstanding

BARCLAYS BANK PLC

Created 17/02/2010Registered 25/02/2010
charge
satisfied

MIDLAND BANK PLC

Created 28/04/1994Registered 05/05/1994Satisfied 24/06/2023
charge
outstanding

MIDLAND BANK PLC

Created 12/10/1993Registered 16/10/1993
charge
satisfied

MIDLAND BANK PLC

Created 23/01/1991Registered 25/01/1991Satisfied 24/06/2023
charge
satisfied

MIDLAND BANK PLC

Created 13/06/1988Registered 16/06/1988Satisfied 12/06/2023
charge
satisfied

MIDLAND BANK PLC

Created 04/01/1988Registered 07/01/1988Satisfied 12/06/2023
charge
satisfied

MIDLAND BANK PLC

Created 04/01/1988Registered 07/01/1988Satisfied 12/06/2023
charge
satisfied

BARCLAYS BANK PLC

Created 16/08/1985Registered 23/08/1985Satisfied 27/01/1989

CompanyRankvs 177+ SIC 29320 peers
69

Financial strength93th percentile among SIC peers · 23/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.13× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 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.

Liquidity12/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/09/2024

Net Worth

£976k

Balance sheet strength

Cash

£30k

Cash in the bank

Net Current Assets

£93k

Working capital

Current Assets

£797k

Current Liabilities

£704k

Fixed Assets

£933k

Debtors

£84k

15avg. employees-1

Balance Sheet

Assets less current liabilities£1.0M
Signed by 2023-10-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20241.13+£8k
20231.07+£512k
20221.27-£46k
20211.56-£13k
20201.77+£24k
20191.52-£8k
20181.53

Derived from filed accounts. Not audited figures.