Back to search

Pre-Met Limited

01110007

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

STUDLEY ROAD., WORCESTERSHIRE, B98 7HJ
Incorporated 25/04/1973

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25500
Forging, pressing, stamping and roll-forming of metal; powder metallurgy

Officers

Mr Kenneth William Tonkin

director · Since 14/02/2005

CO DIRECTOR

BRITISH · ENGLAND · Age 71

Also on 33 other boards

Mr Kenneth William Tonkin

secretary · Since 20/01/2020

Also on 33 other boards

Mr Martin Haywood

director · Since 26/01/2021

FINANCE DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 1 other board

Persons with Significant Control

Pre-Met Holdings Limited

75–100% shares

Studley Road, Montague Place, Chatham, ME4 4QU

Reg: 05313906 · England · Limited Company

Notified 19/04/2022

Former PSCs

Direct File Limited

Ceased 19/04/2022

Charges1 outstanding

Charge
outstanding

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE AND YORKSHIRE BANK) (COMPANY NUMBER SC001111)

Created 02/12/2016Registered 02/12/2016
charge
satisfied

HSBC BANK PLC

Created 09/12/2009Registered 11/12/2009Satisfied 19/03/2018
charge
satisfied

HSBC BANK PLC

Created 09/12/2009Registered 10/12/2009Satisfied 19/03/2018
charge
satisfied

HSBC ASSET FINANCE (UK) LIMITED & HSBC EQUIPMENT FINANCE (UK) LIMITED

Created 19/04/2005Registered 20/04/2005Satisfied 19/03/2018
charge
satisfied

HSBC INVOICE FINANCE (UK) LIMITED

Created 25/02/2005Registered 26/02/2005Satisfied 19/03/2018
charge
satisfied

VENTURE FINANCE PLC

Created 15/09/2003Registered 03/10/2003Satisfied 20/05/2013
charge
satisfied

HSBC INVOICE FINANCE (UK) LTD (THE SECURITY HOLDER)

Created 03/07/2002Registered 04/07/2002Satisfied 16/02/2005
charge
satisfied

HSBC INVOICE FINNACE (UK) LTD (THE SECURITY HOLDER)

Created 03/07/2002Registered 04/07/2002Satisfied 16/02/2005
charge
satisfied

HSBC BANK PLC

Created 09/11/2001Registered 22/11/2001Satisfied 16/02/2005
charge
satisfied

HSBC BANK PLC

Created 08/08/2000Registered 18/08/2000Satisfied 16/02/2005
charge
satisfied

CLOSE BROTHERS LIMITED

Created 16/03/1993Registered 19/03/1993Satisfied 21/12/1994
charge
satisfied

MIDLAND BANK PLC

Created 18/05/1992Registered 19/05/1992Satisfied 16/02/2005
charge
satisfied

CLOSE BROTHERS LIMITED.

Created 15/03/1991Registered 23/03/1991Satisfied 16/02/2005
charge
satisfied

LEWIS SPRING PROPERTIES LIMITED

Created 31/08/1990Registered 05/09/1990Satisfied 25/03/1994
charge
satisfied

MIDLAND BANK PLC

Created 31/08/1990Registered 04/09/1990Satisfied 25/03/1994
charge
satisfied

MIDLAND BANK PLC

Created 09/12/1982Registered 16/12/1982Satisfied 24/04/1991
charge
satisfied

MIDLAND BANK PLC

Created 02/12/1982Registered 08/12/1982Satisfied 16/02/2005
charge
satisfied

MIDLAND BANK PLC

Created 16/02/1982Registered 23/02/1982
charge
satisfied

MIDLAND BANK PLC

Created 18/01/1980Registered 07/02/1980Satisfied 24/04/1991
charge
satisfied

MIDLAND BANK PLC

Created 03/01/1975Registered 09/01/1975Satisfied 24/04/1991

CompanyRankvs 160+ SIC 25500 peers
67

Financial strength91th percentile among SIC peers · 23/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.79× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
1Optima Stainless Limited
90
2Ben Bennett Jr Limited
89
3Coverworld Uk Limited
89
4Anglo Metal Forming Limited
89
5Phoenix Steel Limited
89
6Stroud Metal Company Limited
88
7Chapmans Agricultural Limited
88
8H.V. Wooding Limited
88
9Brooks Forgings Limited
88
10Con Mech Durham 2 Limited
88
16Pre-Met Limited
87
How is this score calculated?
Financial strength23/25 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

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 going co

Key FinancialsYear ending 31/08/2023

Turnover

£5.6M

Annual revenue

Net Worth

£2.8M

Balance sheet strength

Cash

£1.9M

Cash in the bank

Profit Before Tax

£912k

Bottom line earnings

Net Current Assets

£2.7M

Working capital

Current Assets

£3.4M

Current Liabilities

£707k

Fixed Assets

£287k

Debtors

£874k

Cost of Sales

£3.2M

Gross Profit

£2.3M

Admin Expenses

£1.2M

Operating Profit

£928k

Profit After Tax

£724k

53avg. employees

Tax at Year End

Corp tax£210k

Balance Sheet

Intangible assets£29k
Bank loans & overdrafts£78k
Assets less current liabilities£3.0M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent Ratio
20234.79

Derived from filed accounts. Not audited figures.