Angle Ring Holdings Limited
01118404
Healthy
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/03/2025
full
Next accounts due
31/12/2026
Confirmation statement
Last: 09/12/2025
Due 23/12/2026
Industry
Officers
director · Since 04/07/1991
CHAIRMAN
BRITISH · ENGLAND · Age 73
Also on 4 other boards
director · Since 05/11/2020
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 44
Also on 3 other boards
Persons with Significant Control
Arc Metal Bending Group Limited
C/O The Angle Ring Company Limited, Bloomfield Road, Tipton, DY4 9EH
Reg: 12887863 · Companies House · Private Limited Company
Notified 07/10/2020
Former PSCs
Mr Brian Frank Barnshaw
Ceased 07/10/2020
Mr David John Springthorpe
Ceased 07/10/2020
Charges0 outstanding
DAVID JOHN SPRINGTHORPE
HSBC BANK PLC
CompanyRankvs 49+ SIC 64202 peers67
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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
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 31/03/2025
Net Worth
£11.6M
Balance sheet strength
Cash
£571k
Cash in the bank
Profit Before Tax
£308k
Bottom line earnings
Net Current Assets
£601k
Working capital
Current Assets
£632k
Current Liabilities
£31k
Fixed Assets
£11.8M
Debtors
£60k
Admin Expenses
£144k
Profit After Tax
£256k
Tax at Year End(2024)
People Costs(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 20.29 | +£932k |
| 2024 | 8.68 | +£97k |
| 2023 | 7.84 | -£301k |
| 2022 | 21.29 | +£1.6M |
| 2021 | 3.83 | -£211k |
| 2020 | 31.58 | +£69k |
| 2019 | 20.21 | — |
Derived from filed accounts. Not audited figures.