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Volspec Limited

01137688

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

WOODROLFE ROAD, MALDON, CM9 8SE
Incorporated 03/10/1973

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Andrew William Notley

director · Since 06/04/2017

SERVICE DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 2 other boards

Mr Andrew Graham Read

director · Since 06/04/2017

SALES DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Also on 2 other boards

Persons with Significant Control

Volspec Trading Limited

75–100% shares
75–100% votes

Volspec Limited, Woodrolfe Road, Maldon, CM9 8SE

Reg: 14057115 · United Kingdom Companies House · Limited Company

Notified 05/03/2024

Former PSCs

Volspec (Holdings) Limited

Ceased 05/03/2024

Charges0 outstanding

charge
satisfied

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BARCLAYS BANK PLC

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NATIONAL WESTMINSTER BANK PLC

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CompanyRankvs 185+ SIC 71129 peers
89

Financial strength97th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.53× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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185Volspec Limited
89
How is this score calculated?
Financial strength24/25 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.

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.

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

Key FinancialsYear ending 30/04/2025

Net Worth

£862k

Balance sheet strength

Cash

£65k

Cash in the bank

Net Current Assets

£792k

Working capital

Current Assets

£1.3M

Current Liabilities

£517k

Fixed Assets

£113k

Debtors

£657k

21avg. employees

Balance Sheet

Assets less current liabilities£905k
Signed by 01137688 2024-05-01 2025-04-30 01137688 2025-04-30 01137688 bus:OrdinaryShareClass1 2025-04-30 01137688 bus:OrdinarySharPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20252.53-£11k
20242.93-£384k
20232.99+£104k
20223.69+£8k
20213.24+£38k
20203.23-£9k
20192.38—

Derived from filed accounts. Not audited figures.