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Springmasters Limited

00897155

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

ARTHUR ST, B98 8LF
Incorporated 01/02/1967

Compliance

Last accounts

31/05/2025

medium

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 12/02/2026

Due 26/02/2027

On track

Industry

25930
Manufacture of wire products, chain and springs

Officers

Catherine Mary Roberts

secretary · Since 01/11/1996

British

Carl David Jackson

director · Since 03/01/2023

British

Enid Whitehead

director

British

Ian Roderick Whitehead

director · Since 10/09/1993

British

James Roderick John Whitehead

director · Since 09/07/2025

British

Former

Kevin John Colman

secretary · Resigned 31/10/1996

David Neil Cartwright

director · Resigned 04/04/2019

David Conway Clarke

director · Resigned 31/12/2018

Kevin John Colman

director · Resigned 31/10/1996

Michael Charles Evans

director · Resigned 28/06/2013

John Robert Hewitt

director · Resigned 30/11/2020

Steven David Shaw

director · Resigned 19/10/2022

Warren Granville Simmons

director · Resigned 03/11/2000

Roderick Herbert Whitehead

director · Resigned 15/02/2011

CompanyRankvs 105+ SIC 25930 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.57× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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

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

identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's or the parent company's ability to continue as a going concern for a period of at least twelve months from when the consolidated financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respe

Key FinancialsYear ending 31/05/2025

Turnover

£9.0M

Annual revenue

Net Worth

£16.0M

Balance sheet strength

Cash

£641k

Cash in the bank

Profit Before Tax

£2.0M

Bottom line earnings

Net Current Assets

£8.3M

Working capital

Current Assets

£13.6M

Current Liabilities

£5.3M

Fixed Assets

£8.5M

Debtors

£1.9M

Cost of Sales

£4.5M

Gross Profit

£4.5M

Admin Expenses

£3.1M

Operating Profit

£1.6M

Profit After Tax

£1.6M

100avg. employees

Tax at Year End

Corp tax£350k
Dividends paid£997k

Director Loans

Company owes directors£518k

People Costs

Wages & salaries£3.5M
NI contributions£377k

Balance Sheet

Assets less current liabilities£16.9M
Prepared with Sage Accounts Production Advanced 2025 - FRS102_2025

EstimatesDerived

YearCurrent RatioImplied Profit
20252.57+£0
20252.57+£559k
20242.67+£462k
20233.34

Derived from filed accounts. Not audited figures.