Spinlock Limited
00943480
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 5 outstanding charges (-10)
Details
Previously known as
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 26/01/2026
Due 09/02/2027
Industry
Officers
director · Since 18/10/1993
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 63
Also on 3 other boards
secretary · Since 21/03/2012
director · Since 21/03/2012
DIRECTOR
BRITISH · ENGLAND · Age 50
Also on 3 other boards
secretary · Since 21/03/2012
Former
director · Resigned 15/01/2018
director · Resigned 02/08/2018
Persons with Significant Control
Spinlock Holdings Limited
41, Birmingham Road, Cowes, PO31 7BH
Reg: 07912342 · Companies House · Limited
Notified 01/06/2016
Charges5 outstanding
HSBC UK BANK PLC
HSBC INVOICE FINANCE (UK) LIMITED
HSBC INVOICE FINANCE (UK) LTD
HSBC BANK PLC
HSBC BANK PLC
HSBC BANK PLC
Change History
Active
Private Limited Company
SPINLOCK LIMITED
COWES
CompanyRankvs 80+ SIC 32300 peers66
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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
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 31/12/2022
Turnover
£11.1M
Annual revenue
Net Worth
£3.8M
Balance sheet strength
Cash
£285k
Cash in the bank
Profit Before Tax
£1.1M
Bottom line earnings
Net Current Assets
£3.6M
Working capital
Current Assets
£8.8M
Current Liabilities
£5.2M
Fixed Assets
£662k
Debtors
£3.6M
Cost of Sales
£7.1M
Gross Profit
£4.0M
Admin Expenses
£2.1M
Operating Profit
£1.1M
Profit After Tax
£947k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2022 | 1.70 | +£547k |
| 2021 | 2.32 | — |
Derived from filed accounts. Not audited figures.