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Hanson Springs Limited

00911606

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

HANSON PLACE, ROCHDALE, OL11 2PX
Incorporated 26/07/1967

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25930
Manufacture of wire products, chain and springs
25990
Manufacture of other fabricated metal products

Officers

Mr Malcolm Hanson

director · Since 20/01/1992

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 80

Also on 1 other board

Roy Fox

director · Since 01/08/1995

SALES MANAGER

BRITISH · Age 76

John Hanson

director · Since 01/08/1995

ENGINEER

BRITISH · Age 52

Mrs Maureen Hanson

director · Since 01/05/1996

CONSULTANT

BRITISH · ENGLAND · Age 77

Lisa Hanson

director · Since 09/06/1998

MARKETING DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Persons with Significant Control

Mrs Maureen Hanson

ownership-of-shares-50-to-75-percent-as-trust
voting-rights-50-to-75-percent-as-trust

British · England · Age 77

Hanson Place, Gorrells Way, Rochdale, OL11 2PX

Notified 06/04/2016

Mr Malcolm Hanson

ownership-of-shares-50-to-75-percent-as-trust
voting-rights-50-to-75-percent-as-trust

British · England · Age 80

Hanson Place, Gorrells Way, Rochdale, OL11 2PX

Notified 06/04/2016

Charges2 outstanding

Charge
satisfied

MALCOLM HANSON · MAUREEN HANSON · JOHN HANSON · LISA JENKINSON · THERE ARE MORE THAN FOUR PERSONS ENTITLED

Created 06/10/2022Registered 24/10/2022Satisfied 09/12/2025
Charge
outstanding

IGF BUSINESS CREDIT LIMITED

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CLOSE BROTHERS LIMITED

Created 21/05/2020Registered 22/05/2020Satisfied 15/12/2022
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LLOYDS BANK PLC

Created 22/02/2019Registered 28/02/2019Satisfied 12/08/2024
Charge
satisfied

LLOYDS BANK PLC

Created 22/02/2019Registered 25/02/2019Satisfied 12/08/2024
Charge
satisfied

CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)

Created 14/09/2018Registered 19/09/2018Satisfied 03/09/2024
Charge
satisfied

NPIF NW DEBT LP ACTING BY NORTH WEST LOANS NPIF GP LIMITED AS THE GENERAL PARTNER OF NPIF NW DE

Created 07/03/2018Registered 09/03/2018Satisfied 03/09/2024
charge
satisfied

NORTH WEST MEZZANINE LOANS LP

Created 27/03/2013Registered 30/03/2013Satisfied 06/01/2015
charge
satisfied

CLYDESDALE BANK PLC

Created 30/11/2012Registered 07/12/2012Satisfied 25/02/2019
charge
satisfied

THE NORTH WEST FUND FOR BUSINESS LOANS LP

Created 13/03/2012Registered 17/03/2012Satisfied 06/01/2015
charge
satisfied

GE COMMERCIAL FINANCE LIMITED

Created 01/12/2010Registered 08/12/2010Satisfied 15/10/2016
charge
satisfied

CLYDESDALE BANK PLC

Created 01/12/2010Registered 03/12/2010Satisfied 22/07/2016
charge
satisfied

CLYDESDALE BANK PLC

Created 04/11/2010Registered 12/11/2010Satisfied 25/02/2019
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 03/05/2007Registered 09/05/2007Satisfied 05/01/2011
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 16/04/2007Registered 20/04/2007Satisfied 03/08/2012
charge
satisfied

THE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED

Created 23/03/2004Registered 24/03/2004Satisfied 03/08/2012
charge
outstanding

MALCOLM HANSON,MAUREEN HANSON,LISA HANSON,JOHN HANSON AND STEPHEN REES

Created 23/07/2000Registered 10/08/2000
charge
satisfied

BARCLAYS MERCANTILE BUSINESS FINANCE LIMITED

Created 02/06/2000Registered 07/06/2000Satisfied 09/05/2007
charge
satisfied

LOMBARD NATWEST DISCOUNTING LIMITED

Created 20/12/1996Registered 02/01/1997Satisfied 09/05/2007
charge
satisfied

BARCLAYS BANK PLC

Created 09/03/1994Registered 22/03/1994Satisfied 08/01/2000
charge
satisfied

BARCLAYS BANK PLC

Created 24/11/1992Registered 03/12/1992Satisfied 09/06/2007
charge
satisfied

CONFEDERATION LIFE INSURANCE COMPANY

Created 20/07/1983Registered 22/07/1983Satisfied 08/01/2000
charge
satisfied

LOMBARD NORTH CENTRAL LTD

Created 21/09/1977Registered 10/10/1977Satisfied 08/01/2000

CompanyRankvs 26+ SIC 25930 peers
62

Financial strength98th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.45× · 12/20
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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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.

Liquidity12/20 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 financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 30/11/2024

Turnover

£31.4M

Annual revenue

Net Worth

£11.0M

Balance sheet strength

Cash

£861k

Cash in the bank

Profit Before Tax

£1.8M

Bottom line earnings

Net Current Assets

£7.2M

Working capital

Current Assets

£23.1M

Current Liabilities

£15.9M

Fixed Assets

£6.0M

Debtors

£7.8M

Admin Expenses

£8.4M

Operating Profit

£2.9M

Profit After Tax

£1.6M

219avg. employees-8

Tax at Year End

Corp tax£310k
Dividends paid£444k

People Costs

Wages & salaries£7.2M
NI contributions£685k

Balance Sheet

Bank loans & overdrafts£26k
Assets less current liabilities£13.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.45+£829k
20231.14+£912k
20221.12+£4.8M
20211.09+£1.7M
20201.08-£3.6M
20191.06

Derived from filed accounts. Not audited figures.