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B.W.Industries Ltd

01189095

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 9 outstanding charges (-10)

Details

LANCASTER ROAD, BRIDLINGTON, YO15 3QY
Incorporated 31/10/1974

Compliance

Last accounts

31/01/2025

full

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 22/10/2025

Due 05/11/2026

On track

Industry

24330
Cold forming or folding
25110
Manufacture of metal structures and parts of structures
25990
Manufacture of other fabricated metal products

Officers

Mr Graham Reiss

director · Since 01/04/2014

SALES DIRECTOR

SCOTTISH · SCOTLAND · Age 43

Mr Daniel Robert Smith

secretary · Since 02/11/2016

Also on 1 other board

Mr Daniel Robert Smith

director · Since 02/11/2016

FINANCIAL DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 1 other board

Mr Stephen Paul Smith

director · Since 17/09/2019

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 5 other boards

Mr James Petch

director · Since 12/10/2023

DIRECTOR

BRITISH · ENGLAND · Age 46

Mr Kevin Watson

director · Since 12/10/2023

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 5 other boards

Persons with Significant Control

B W Manufacturing Limited

75–100% shares
75–100% votes

B W Industries Ltd, Carnaby Industrial Estate, Lancaster Road, Bridlington, YO15 3QY

Reg: 04461210 · United Kingdom · Limited Company

Notified 06/04/2016

Mr Stephen Paul Smith

Significant control

British · England · Age 41

Lancaster Road, Bridlington, YO15 3QY

Notified 17/09/2019

Mr Daniel Robert Smith

Significant control

British · England · Age 39

Lancaster Road, Bridlington, YO15 3QY

Notified 17/09/2019

Former PSCs

Mr Neil Pilling

Ceased 17/09/2019

Mr Gareth Rounding

Ceased 17/09/2019

Charges9 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 08/02/2024Registered 19/02/2024
Charge
satisfied

HSBC BANK PLC

Created 02/11/2016Registered 17/11/2016Satisfied 24/02/2026
Charge
outstanding

HSBC BANK PLC

Created 02/11/2016Registered 02/11/2016
Charge
outstanding

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

Created 22/07/2013Registered 23/07/2013
charge
outstanding

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

Created 30/08/2007Registered 04/09/2007
charge
outstanding

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

Created 15/08/2007Registered 16/08/2007
charge
satisfied

BRIAN WILLIS AND KATHLEEN WILLIS

Created 09/08/2002Registered 28/08/2002Satisfied 15/09/2007
charge
satisfied

BRIAN WILLIS AND KATHLEEN RUTH WILLIS

Created 09/08/2002Registered 22/08/2002Satisfied 15/09/2007
charge
outstanding

HSBC BANK PLC

Created 09/08/2002Registered 16/08/2002
charge
outstanding

HSBC BANK PLC

Created 09/08/2002Registered 16/08/2002
charge
outstanding

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

Created 09/08/2002Registered 16/08/2002
charge
outstanding

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

Created 14/08/2002Registered 15/08/2002
charge
satisfied

MIDLAND BANK PLC

Created 30/07/1987Registered 16/07/1987Satisfied 05/09/2007
charge
satisfied

MIDLAND BANK PLC

Created 11/11/1980Registered 17/11/1980Satisfied 05/09/2007
charge
satisfied

MIDLAND BANK PLC

Created 04/01/1978Registered 11/01/1978Satisfied 05/09/2007
charge
satisfied

MIDLAND BANK PLC

Created 19/09/1977Registered 23/09/1977Satisfied 05/09/2007

CompanyRankvs 15+ SIC 24330 peers
70

Financial strength100th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 5.5× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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.

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 31/01/2025

Turnover

£31.7M

Annual revenue

Net Worth

£20.5M

Balance sheet strength

Cash

£180k

Cash in the bank

Profit Before Tax

£5.8M

Bottom line earnings

Net Current Assets

£15.7M

Working capital

Current Assets

£19.2M

Current Liabilities

£3.5M

Fixed Assets

£5.8M

Debtors

£15.8M

Cost of Sales

£20.4M

Gross Profit

£11.2M

Admin Expenses

£5.4M

Operating Profit

£5.8M

Profit After Tax

£4.4M

146avg. employees+1

Tax at Year End

Corp tax-£67k
Dividends paid£4.5M

People Costs

Wages & salaries£6.3M
NI contributions£718k

Balance Sheet

Assets less current liabilities£21.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20255.50-£149k
20244.14-£286k
20232.51+£505k
20224.12+£837k
20214.40+£3.8M
20203.71

Derived from filed accounts. Not audited figures.