Space Seal (Midlands) Limited
01403804
Healthy
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/01/2025
total exemption full
Next accounts due
31/10/2026
Confirmation statement
Last: 28/11/2025
Due 12/12/2026
Industry
Officers
Charges1 outstanding
BARCLAYS BANK LTD
Change History
Private Limited Company
LATHERFORD CLOSE
WOLVERHAMPTON
Active
CompanyRankvs 14+ SIC 24450 peers74
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/01/2025
Net Worth
£3.6M
Balance sheet strength
Cash
£993k
Cash in the bank
Net Current Assets
£1.7M
Working capital
Current Assets
£1.9M
Current Liabilities
£134k
Fixed Assets
£1.9M
Debtors
£490k
Tax at Year End(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 14.05 | -£121k |
| 2024 | 10.20 | -£28k |
| 2023 | 12.36 | +£58k |
| 2022 | 18.97 | +£111k |
| 2021 | 3.54 | +£18k |
| 2020 | 2.78 | -£115k |
| 2019 | 18.60 | -£40k |
| 2018 | 9.74 | — |
Derived from filed accounts. Not audited figures.