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Wragg Bros. (Metal Fabricators) Limited

00637484

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
53 / 100

Notable Risks

25/30
Filing
10/30
Financial
18/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Active insolvency proceedings (-20)
  • 1 outstanding charge (-2)

Details

FLEET HOUSE UNIT 3, BENFLEET, SS7 4FH
Incorporated 18/09/1959

Compliance

Last accounts

31/03/2024

total exemption full

Next accounts due

31/12/2025

Overdue

Confirmation statement

Last: 26/02/2026

Due 12/03/2027

On track

Industry

24200
Manufacture of tubes, pipes, hollow profiles and related fittings, of steel

Officers

Stephen David Cullum

director · Since 01/08/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Barbara Hales

director · Since 01/08/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 72

Also on 1 other board

Persons with Significant Control

Sdc Fabrications Ltd

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

Fleet House, Manor Trading Estate, Benfleet, SS7 4FH

Reg: 08951455 · Companies House · Limited By Shares

Notified 18/07/2023

Former PSCs

Mr Edward Wragg

Ceased 16/05/2022

Mr William Wragg

Ceased 28/10/2022

Mr Derek Wragg

Ceased 17/01/2024

Miss Susan Wragg

Ceased 18/07/2023

Mrs Eileen Joyce Wragg

Ceased 18/07/2023

Charges1 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 23/01/2006Registered 02/02/2006
charge
satisfied

BARCLAYS BANK PLC

Created 06/08/1998Registered 12/08/1998Satisfied 29/09/2016
charge
satisfied

BARCLAYS BANK LTD

Created 27/08/1969Registered 03/09/1969Satisfied 21/05/1999

Insolvency History1 case

creditors voluntary liquidation16/04/2026

Lloyd Christopher Biscoe (practitioner) · David Farmer (practitioner)

CompanyRankvs 36+ SIC 24200 peers
63

Financial strength81th percentile among SIC peers · 20/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 3.64× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength20/25 pts

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

Employees13/15 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/03/2024

Net Worth

£263k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£241k

Working capital

Current Assets

£332k

Current Liabilities

£91k

Fixed Assets

£26k

Debtors

£129k

13avg. employees+7

Balance Sheet

Assets less current liabilities£266k
Signed by Mrs Barbara Hales 22/11/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.64+£10k
20233.04+£44k
20221.98-£31k
20212.20+£13k
20201.96-£11k
20192.17

Derived from filed accounts. Not audited figures.