Metal Drum Company Limited(The)
00703681
Healthy
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 08/05/1992
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 72
Also on 4 other boards
director · Since 03/11/2016
GENERAL MANAGER
BRITISH · UNITED KINGDOM · Age 41
secretary · Since 01/11/2017
secretary · Since 01/03/2026
Persons with Significant Control
Mr Colin Fitzpatrick
British · England · Age 71
Dene Bridge Road, Co Durham, DL17 0NU
Notified 10/03/2020
Mr Samuel James Thomas Britton
British · England · Age 41
Dene Bridge Road, Co Durham, DL17 0NU
Notified 10/03/2020
Mr Michael Alan Britton
British · England · Age 75
Dene Bridge Road, Co Durham, DL17 0NU
Notified 10/03/2020
Former PSCs
Mrs Jonica Britton
Ceased 10/03/2020
Charges0 outstanding
BARCLAYS BANK PLC
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DISTRICT BANK LIMITED
CompanyRankvs 15+ SIC 25910 peers80
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
● the directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the company’s ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. Other information The other information comprises the inf
Key FinancialsYear ending 31/05/2025
Turnover
£16.2M
Annual revenue
Net Worth
£11.4M
Balance sheet strength
Cash
£4.0M
Cash in the bank
Profit Before Tax
£2.6M
Bottom line earnings
Net Current Assets
£6.3M
Working capital
Current Assets
£11.0M
Current Liabilities
£4.7M
Fixed Assets
£6.2M
Debtors
£3.4M
Cost of Sales
£11.6M
Gross Profit
£4.6M
Admin Expenses
£1.3M
Operating Profit
£2.3M
Profit After Tax
£1.9M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.34 | +£0 |
| 2025 | 2.34 | +£1.6M |
| 2024 | 2.51 | +£1.1M |
| 2023 | 2.82 | +£1.7M |
| 2022 | 2.57 | +£1.5M |
| 2021 | 1.95 | — |
Derived from filed accounts. Not audited figures.