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Durham Sheet Metal Works Limited

00543544

active
ltd
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

Templetown, South Shields, Tyne And Wear, NE33 5TE
Incorporated 20/01/1955

Compliance

Last accounts

28/02/2025

total exemption full

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 28/05/2026

Due 11/06/2027

On track

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Mr William Thomas Gracie

director · Since 08/10/1991

DIRECTOR

BRITISH · ENGLAND · Age 77

Also on 4 other boards

Mr David Gracie

director · Since 01/12/2013

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 1 other board

Mr William Thomas Gracie

secretary · Since 01/01/2016

Also on 4 other boards

William Thomas Gracie

director

British · England · Age 77

David Gracie

director · Since 01/12/2013

British · England · Age 46

William Thomas Gracie

secretary · Since 01/01/2016

Former

Norman Stanley Smith

secretary · Resigned 19/04/2007

Norman Stanley Smith

director · Resigned 19/04/2007

David Gracie

secretary · Resigned 31/12/2015

Persons with Significant Control

Dsm Fabrications Limited

75–100% shares
75–100% votes

Progress House, Templetown, South Shields, NE33 5TE

Reg: 05449883 · Companies House · Private Company Limited By Shares

Notified 06/04/2016

Former PSCs

Mr William Thomas Gracie

Ceased 06/04/2016

Charges2 outstanding

Charge
outstanding

CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)

Created 27/04/2023Registered 03/05/2023
charge
outstanding

BARCLAYS BANK PLC

Created 16/10/2009Registered 05/11/2009

Change History

statusactive
2026-07-27

Active

typeltd
2026-07-27

Private Limited Company

address line1Templetown
2026-07-27

TEMPLETOWN

post townTyne And Wear
2026-07-27

TYNE AND WEAR

officer appointedGRACIE, William Thomas
2026-07-27
officer appointedGRACIE, David
2026-07-27
officer appointedGRACIE, William Thomas
2026-07-27

CompanyRankvs 137+ SIC 25110 peers
76

Financial strength86th percentile among SIC peers · 22/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.15× · 20/20
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 strength22/25 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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 28/02/2025

Net Worth

£840k

Balance sheet strength

Cash

£274k

Cash in the bank

Net Current Assets

£652k

Working capital

Current Assets

£1.2M

Current Liabilities

£565k

Fixed Assets

£232k

Debtors

£772k

38avg. employees

Tax at Year End

Corp tax£0

Balance Sheet

Assets less current liabilities£884k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20252.15

Derived from filed accounts. Not audited figures.