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Albion Manufacturing Ltd

00683588

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

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

1 CHURCH STREET, NORWICH, NR9 3LP
Incorporated 16/02/1961

Compliance

Last accounts

31/08/2024

total exemption full

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 12/11/2025

Due 26/11/2026

On track

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Martin Wasdale Nix

director · Since 05/11/1993

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 78

Mr Thomas Wasdale Nix

director · Since 08/03/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 47

Persons with Significant Control

Mr Martin Wasdale Nix

50–75% shares

British · England · Age 78

1, Church Street, Norwich, NR9 3LP

Notified 06/04/2016

Mr Thomas Wasdale Nix

25–50% shares
25–50% votes
Appoint directors

British · England · Age 47

1, Church Street, Norwich, NR9 3LP

Notified 08/03/2017

CompanyRankvs 820+ SIC 25990 peers
80

Financial strength70th percentile among SIC peers · 18/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.25× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 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.

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.

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

Key FinancialsYear ending 31/08/2024

Net Worth

£225k

Balance sheet strength

Cash

£36k

Cash in the bank

Net Current Assets

£91k

Working capital

Current Assets

£163k

Current Liabilities

£72k

Fixed Assets

£154k

Debtors

£118k

10avg. employees+1

Tax at Year End

Corp tax£7k
VAT£8k

Director Loans(2020)

Company owes directors£429

Balance Sheet

Assets less current liabilities£245k
Signed by Mr Martin Nix Mr Thomas Nix 29 May 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20242.25-£22k£151k
20231.78+£39k£3k
20221.95+£9k£225k
20212.79-£16k£215k
20203.03+£17k£255k
20192.71£255k

Derived from filed accounts. Not audited figures.