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Adwin Spring Company Limited

00607675

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

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

Details

ELWELL STREET, WEST MIDLANDS, B70 0DW
Incorporated 08/07/1958

Compliance

Last accounts

31/08/2025

total exemption full

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 20/02/2026

Due 06/03/2027

On track

Industry

25500
Forging, pressing, stamping and roll-forming of metal; powder metallurgy

Officers

Mr Paul Cottrill

director · Since 30/11/2011

ENGINEER

BRITISH · UNITED KINGDOM · Age 47

Mr Mark Angell

director · Since 18/08/2018

PRODUCTION DIRECTOR

BRITISH · ENGLAND · Age 60

Persons with Significant Control

Adwin Holdings Limited

75–100% shares
75–100% votes
Appoint directors

31 Elwell Street, West Bromwich, B70 0DW

Reg: 13199880 · Companies House · Limited By Shares

Notified 15/02/2021

Former PSCs

Mr Jeffrey Alan Harris

Ceased 15/02/2021

Mr Paul Cottrill

Ceased 15/02/2021

Mrs Lea Alison Harris

Ceased 27/04/2024

Charges7 outstanding

charge
outstanding

HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER")

Created 24/10/2012Registered 26/10/2012
charge
outstanding

HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER")

Created 24/10/2012Registered 26/10/2012
charge
outstanding

HSBC EQUIPMENT FINANCE (UK) LTD AND HSBC ASSET FINANCE (UK) LTD

Created 09/12/2011Registered 13/12/2011
charge
outstanding

HSBC BANK PLC

Created 29/11/2011Registered 01/12/2011
charge
outstanding

BARCLAYS BANK PLC

Created 10/11/1992Registered 19/11/1992
charge
outstanding

BARCLAYS BANK PLC

Created 24/09/1992Registered 30/09/1992
charge
outstanding

BARCLAYS BANK PLC

Created 24/09/1992Registered 30/09/1992

CompanyRankvs 162+ SIC 25500 peers
53

Financial strength61th percentile among SIC peers · 15/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.96× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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162Adwin Spring Company Limited
59
How is this score calculated?
Financial strength15/25 pts

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

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 31/08/2025

Net Worth

£160k

Balance sheet strength

Cash

£139k

Cash in the bank

Net Current Assets

-£15k

Working capital

Current Assets

£318k

Current Liabilities

£333k

Fixed Assets

£272k

Debtors

£165k

25avg. employees-1

Tax at Year End

Corp tax£56k

Balance Sheet

Intangible assets£0
Assets less current liabilities£257k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.96+£17k
20240.99-£271k
20231.95—

Derived from filed accounts. Not audited figures.