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Springtech Limited

00915764

active
ltd
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

268 C/O Grey And Green Limited, Bath Road, Slough, SL1 4DX
Incorporated 19/09/1967

Previously known as

Turner Workflow Manufacturing Ltd · until 13/01/2011
T.W. Murphy Limited · until 24/05/2006

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 14/11/2025

Due 28/11/2026

On track

Industry

25930
Manufacture of wire products, chain and springs

Officers

Andrew Philip Turner

director · Since 03/06/2005

British · United Arab Emirates · Age 63

Marie Francoise Turner

director · Since 03/06/2005

British · United Arab Emirates · Age 64

Persons with Significant Control

Mr Andrew Philip Turner

Significant control

British · England · Age 63

22 Poplar Court, Richmond Road, Twickenham, TW1 2DS

Notified 23/07/2016

Charges2 outstanding

Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 24/01/2017Registered 26/01/2017
Charge
outstanding

RBS INVOICE FINANCE LIMITED

Created 20/09/2016Registered 30/09/2016
Charge
satisfied

GE COMMERCIAL FINANCE LIMITED

Created 09/06/2016Registered 11/06/2016Satisfied 17/11/2016
charge
satisfied

GE COMMERCIAL FINANCE LIMITED

Created 09/10/2008Registered 11/10/2008Satisfied 01/12/2011
charge
satisfied

GE COMMERCIAL FINANCE LIMITED

Created 04/07/2005Registered 09/07/2005Satisfied 01/12/2011
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 18/11/1991Registered 23/11/1991Satisfied 09/04/2005
charge
satisfied

MIDLAND BANK PLC

Created 13/04/1982Registered 13/04/1982Satisfied 11/06/1992
charge
satisfied

MIDLAND BANK PLC

Created 04/01/1974Registered 09/01/1974Satisfied 11/06/1992
charge
satisfied

MIDLAND BANK PLC

Created 14/07/1972Registered 20/07/1972Satisfied 11/06/1992

Change History

statusactive
2026-06-09

Active

typeltd
2026-06-09

Private Limited Company

address line1268 C/O Grey And Green Limited
2026-06-09

268 C/O GREY AND GREEN LIMITED

post townSlough
2026-06-09

SLOUGH

officer appointedTURNER, Andrew Philip
2026-06-09
officer appointedTURNER, Marie Francoise
2026-06-09

CompanyRankvs 20+ SIC 25930 peers
74

Financial strength81th percentile among SIC peers · 20/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.28× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength20/25 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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2025

Net Worth

£1.5M

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

£1.0M

Working capital

Current Assets

£1.8M

Current Liabilities

£800k

Fixed Assets

£659k

Debtors

£1.4M

40avg. employees+5

Tax at Year End

Corp tax£21k

Balance Sheet

Bank loans & overdrafts£45k
Assets less current liabilities£1.7M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20252.28-£254
20242.50+£124k
20232.13-£168k
20222.29+£12k
20212.63

Derived from filed accounts. Not audited figures.