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Westley Plastics Limited

00807351

active
Private Limited Company
Companies House
Health Score
82 / 100

Healthy

30/30
Filing
20/30
Financial
32/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

GAWNE LANE, WEST MIDLANDS, B64 5QY
Incorporated 01/06/1964

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

22290
Manufacture of other plastic products

Officers

Mr Thomas Philip Westley

director · Since 29/12/1991

DIRECTOR

BRITISH · ENGLAND · Age 74

Also on 28 other boards

Mr Eric Cartelet

director · Since 01/10/2014

COMPANY DIRECTOR

FRENCH · UNITED KINGDOM · Age 56

Also on 2 other boards

Mr. Thomas Arthur Westley

director · Since 20/02/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 33

Persons with Significant Control

Westley International Holdings Ltd

75–100% shares

C/O Westley Plastics Ltd, C/O Westley Plastics Ltd, Cradley Heath, B64 5QY

Reg: 15884341 · Companies House · Limited Company

Notified 08/08/2024

Former PSCs

Mr Thomas Philip Westley

Ceased 08/08/2024

Charges4 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 27/02/2019Registered 05/03/2019
Charge
outstanding

WESTLEY PLASTICS SENIOR EXECUTIVE PENSION SCHEME

Created 07/05/2013Registered 22/05/2013
charge
outstanding

BARCLAYS BANK PLC

Created 31/01/2006Registered 08/02/2006
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 16/08/2004Registered 18/08/2004Satisfied 05/07/2014
charge
outstanding

THE MANAGING TRUSTEES OF THE T.WESTLEY ENGINEERING GROUP SENIOR EXECUTIVE PENSION SCHEME

Created 17/07/1998Registered 18/07/1998
charge
satisfied

LLOYDS BANK PLC

Created 12/08/1997Registered 15/08/1997Satisfied 05/07/2014
charge
satisfied

LLOYDS BANK PLC

Created 19/05/1993Registered 27/05/1993Satisfied 05/07/2014
charge
satisfied

LLOYDS BANK PLC

Created 02/08/1990Registered 18/08/1990Satisfied 27/09/1996
charge
satisfied

LLOYDS BANK PLC

Created 02/08/1990Registered 11/08/1990Satisfied 27/09/1996
charge
satisfied

LLOYDS BANK PLC

Created 26/05/1988Registered 02/06/1988Satisfied 05/07/2014
charge
satisfied

LLOYDS BANK PLC

Created 25/01/1978Registered 27/01/1978Satisfied 05/07/2014
charge
satisfied

LLOYDS BANK PLC

Created 18/02/1974Registered 04/03/1974Satisfied 05/07/2014

CompanyRankvs 4500+ SIC 22290 peers
64

Financial strength97th percentile among SIC peers · 24/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.98× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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450Westley Plastics Limited
80
How is this score calculated?
Financial strength24/25 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.

Liquidity16/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect t

Key FinancialsYear ending 30/06/2025

Turnover

£11.0M

Annual revenue

Net Worth

£7.1M

Balance sheet strength

Cash

£441k

Cash in the bank

Profit Before Tax

£3.8M

Bottom line earnings

Net Current Assets

£3.5M

Working capital

Current Assets

£7.0M

Current Liabilities

£3.5M

Fixed Assets

£4.0M

Debtors

£5.7M

Cost of Sales

£5.2M

Gross Profit

£5.8M

Admin Expenses

£2.0M

Operating Profit

£3.8M

Profit After Tax

£2.9M

49avg. employees

Tax at Year End

Dividends paid-£2.6M

People Costs

Wages & salaries£2.0M
NI contributions£246k

Balance Sheet

Assets less current liabilities£7.5M
Signed by Class 1Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20251.98+£0
20251.98-£4.9M
20242.79+£3.1M
20235.72+£2.0M
20223.89—

Derived from filed accounts. Not audited figures.