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Vernier Springs And Pressings Limited

00596653

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
20/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • 6 outstanding charges (-10)

Details

FOX HOUSE, REDDITCH, B97 6HA
Incorporated 07/01/1958

Compliance

Last accounts

30/11/2024

small

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 31/12/2025

Due 14/01/2027

On track

Industry

25930
Manufacture of wire products, chain and springs
25990
Manufacture of other fabricated metal products

Officers

Mr Gavin John Hawkins

director · Since 01/01/1999

PRESSINGS DIRECTOR

ENGLISH · ENGLAND · Age 62

Also on 2 other boards

Wayne Hawkins

director · Since 01/01/1999

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Mr Ian Chatwin

director · Since 01/05/2001

QUALITY DIRECTOR

ENGLISH · ENGLAND · Age 57

Also on 2 other boards

Mr Corin William Henry Davies

director · Since 28/04/2017

FINANCIAL DIRECTOR

ENGLISH · ENGLAND · Age 54

Also on 2 other boards

Mr Kevin Roy Stanley

director · Since 28/04/2017

PRODUCTION DIRECTOR

ENGLISH · ENGLAND · Age 58

Persons with Significant Control

Worcestershire Metal Holdings Ltd

75–100% shares

Fox House, Edward Street, Redditch, B97 6HA

Reg: 00338560 · Companies House Uk · Private Limited Company

Notified 06/04/2016

Charges6 outstanding

Charge
outstanding

SHAWBROOK BANK LIMITED

Created 02/04/2025Registered 11/04/2025
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 20/06/2017Registered 20/06/2017
Charge
outstanding

CENTRIC SPV1 LIMITED

Created 14/04/2015Registered 17/04/2015
charge
outstanding

CENTRIC SPV 1 LIMITED

Created 05/04/2012Registered 13/04/2012
charge
satisfied

LLOYDS TSB BANK PLC

Created 21/06/2011Registered 02/07/2011Satisfied 07/10/2013
charge
outstanding

LLOYDS TSB BANK PLC

Created 29/09/2009Registered 30/09/2009
charge
outstanding

CENTRIC SPV 1 LIMITED

Created 23/09/2009Registered 25/09/2009
charge
satisfied

GE COMMERCIAL FINANCE LIMITED

Created 14/07/2009Registered 18/07/2009Satisfied 19/04/2013
charge
satisfied

LLOYDS TSB BANK PLC

Created 05/06/2006Registered 09/06/2006Satisfied 07/10/2013
charge
satisfied

GE HELLER LIMITED

Created 05/12/2005Registered 07/12/2005Satisfied 19/04/2013
charge
satisfied

LLOYDS TSB BANK PLC

Created 16/05/2005Registered 18/05/2005Satisfied 07/10/2013
charge
satisfied

LLOYDS TSB BANK PLC

Created 21/01/2005Registered 26/01/2005Satisfied 03/10/2013
charge
satisfied

LLOYDS TSB BANK PLC

Created 22/06/2004Registered 29/06/2004Satisfied 07/10/2013
charge
satisfied

FORWARD TRUST GROUP LIMITED

Created 18/06/1997Registered 19/06/1997Satisfied 27/03/2002
charge
satisfied

FORWARD TRUST LIMITED

Created 07/04/1995Registered 07/04/1995Satisfied 27/03/2002
charge
satisfied

FORWARD TRUST LIMITED

Created 24/02/1995Registered 24/02/1995Satisfied 27/03/2002
charge
satisfied

TRADE INDEMNITY-HELLER COMMERCIAL FINANCE LTD.

Created 19/09/1991Registered 20/09/1991Satisfied 19/04/2013
charge
satisfied

LLOYDS BANK PLC

Created 01/02/1989Registered 14/02/1989Satisfied 13/12/1991
charge
satisfied

MIDLAND BANK PLC

Created 08/02/1967Registered 17/02/1967Satisfied 30/03/1995

CompanyRankvs 16+ SIC 25930 peers
76

Financial strength88th percentile among SIC peers · 22/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.22× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1European Springs And Pressings Limited
90
2Springmasters Limited
90
3Vista Engineering Limited
90
4H.V. Wooding Limited
89
5Cirteq Limited
89
6Entaco Limited
89
7Rawlplug Limited
89
8Webster & Horsfall Limited
88
9Mettex Electric Company Limited
88
10United Springs Limited
88
16Vernier Springs And Pressings Limited
86
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 30/11/2024

Net Worth

£2.5M

Balance sheet strength

Cash

£105k

Cash in the bank

Net Current Assets

£2.0M

Working capital

Current Assets

£3.5M

Current Liabilities

£1.6M

Fixed Assets

£1.1M

Debtors

£2.5M

56avg. employees-1

Tax at Year End

Corp tax£55k

Balance Sheet

Intangible assets£130k
Bank loans & overdrafts£45k
Assets less current liabilities£3.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.22+£186k
20232.00+£255k
20221.92+£274k
20211.78+£249k
20201.71+£111k
20191.66+£291k
20181.62—

Derived from filed accounts. Not audited figures.