Back to search

Metspin Limited

01430605

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)
  • 1 outstanding charge (-2)

Details

METSPIN HOUSE SOUTHBOURNE INDUSTRIAL ESTATE, EMSWORTH, PO10 8PF
Incorporated 18/06/1979

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

24330
Cold forming or folding
25620
Machining
27510
Manufacture of electric domestic appliances

Officers

Mrs Sarah Louise Lane

director · Since 10/03/2020

COMPANY DIRECTOR

ENGLISH · ENGLAND · Age 58

Mr Simon Donovan Lane

director · Since 10/03/2020

COMPANY DIRECTOR

ENGLISH · ENGLAND · Age 58

Also on 1 other board

Persons with Significant Control

Mr Simon Donovan Lane

25–50% shares
25–50% votes
Appoint directors

English · England · Age 58

Metspin House, Southbourne Industrial Estate, Emsworth, PO10 8PF

Notified 10/03/2020

Mrs Sarah Louise Lane

25–50% shares
25–50% votes
Appoint directors

English · England · Age 58

Metspin House, Southbourne Industrial Estate, Emsworth, PO10 8PF

Notified 10/03/2020

Former PSCs

Mr Nigel Cousins

Ceased 10/03/2020

Charges1 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 26/02/2020Registered 04/03/2020
Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 30/10/2019Registered 02/11/2019Satisfied 26/11/2019
charge
satisfied

FIRST NATIONAL COMMERCIAL BANK PLC

Created 31/10/1997Registered 08/11/1997Satisfied 03/04/2017
charge
satisfied

FIRST NATIONAL COMMERCIAL BANK PLC

Created 31/10/1997Registered 08/11/1997Satisfied 03/04/2017
charge
satisfied

FIRST NATIONAL COMMERCIAL BANK PLC

Created 31/10/1997Registered 05/11/1997Satisfied 03/04/2017
charge
satisfied

FIRST NATIONAL BANK PLC

Created 20/12/1995Registered 05/01/1996Satisfied 03/04/2017
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 26/10/1992Registered 06/11/1992Satisfied 25/11/1999

CompanyRankvs 71+ SIC 24330 peers
52

Financial strength58th percentile among SIC peers · 14/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.72× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Vale Mill (Rochdale) Limited
90
2B.W.Industries Ltd
90
3Firth Steels Limited
89
4Phoenix Steel Limited
89
5Harmon (Form Tools) Limited
88
6Pillarhouse International Limited
88
7Mqm Ltd
86
8J.A. Mcdonagh Engineering Limited
85
9Jacksons Building Components Limited
85
10Fixfast Ltd
85
71Metspin Limited
59
How is this score calculated?
Financial strength14/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/09/2024

Net Worth

£529k

Balance sheet strength

Cash

£103k

Cash in the bank

Net Current Assets

-£233k

Working capital

Current Assets

£602k

Current Liabilities

£835k

Fixed Assets

£1.1M

Debtors

£382k

30avg. employees+29

Tax at Year End(2019)

Dividends paid£116k

Balance Sheet

Bank loans & overdrafts£11k
Assets less current liabilities£904k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.72+£111k
20230.74+£71k
20222.22+£24k
20212.42+£131k
20202.13-£704k
20195.66—

Derived from filed accounts. Not audited figures.