Washington Mills Electro Minerals Limited
01436144
Healthy
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
medium
Next accounts due
30/09/2026
Confirmation statement
Last: 01/05/2025
Due 15/05/2026
Industry
Officers
Wenjing Zeng
secretary · Since 01/12/2019
Grant David Roberts
director · Since 16/07/2019
British
Anne Williams
director · Since 26/01/2012
American
Former
Kevin Peter Hine
secretary · Resigned 30/09/2019
Grant David Roberts
secretary · Resigned 30/11/2019
Ronald R Campbell
director · Resigned 31/08/2024
Kevin Peter Hine
director · Resigned 01/01/2026
Henry Chandler Horner
director · Resigned 03/10/2000
John Thornley Nutter
director · Resigned 31/03/1996
Ronald Stuart Painter
director · Resigned 30/11/2013
Edward Johnson Robbins
director · Resigned 10/04/2000
John Gordon Tow
director · Resigned 06/02/2002
Arthur Merrick Creagh Williams
director · Resigned 08/04/2019
CompanyRankvs 105+ SIC 23910 peers79
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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 going co
Key FinancialsYear ending 31/12/2024
Turnover
£18.4M
Annual revenue
Net Worth
£13.9M
Balance sheet strength
Cash
£4.5M
Cash in the bank
Profit Before Tax
£1.9M
Bottom line earnings
Net Current Assets
£11.1M
Working capital
Current Assets
£13.3M
Current Liabilities
£2.2M
Fixed Assets
£2.4M
Debtors
£2.7M
Cost of Sales
£14.9M
Gross Profit
£3.5M
Admin Expenses
£935k
Operating Profit
£1.9M
Profit After Tax
£1.4M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 6.04 | +£1.4M |
| 2023 | 3.93 | — |
Derived from filed accounts. Not audited figures.