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Wardtec Limited

01640258

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

THE LAWTON TUBE COMPANY LIMITED, COVENTRY, CV4 9AB
Incorporated 01/06/1982

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Simon John Waldron

secretary · Since 02/11/2022

Mr Giles Frederick Lawton

director · Since 02/11/2022

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 1 other board

Mr Oliver Vernon Lawton

director · Since 02/11/2022

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 1 other board

Persons with Significant Control

The Lawton Tube Company Limited

75–100% shares
75–100% votes
Appoint directors

The Lawton Tube Company, Torrington Avenue, Coventry, CV4 9AB

Reg: 00165130 · Companies House · Private Limited Company

Notified 02/11/2022

Former PSCs

Mrs Lisa Rachel Day

Ceased 02/11/2022

Mr Anthony St John Ward

Ceased 02/11/2022

Mrs Bernice Maureen Ward

Ceased 17/10/2022

Mw Ingamells & Mrs B M Ward Trustees Of Mrs Bm Ward

Ceased 06/04/2016

Charges0 outstanding

charge
satisfied

BARCLAYS BANK PLC

Created 19/04/1995Registered 26/04/1995Satisfied 22/09/2022
charge
satisfied

BARCLAYS BANK PLC,

Created 30/10/1992Registered 12/11/1992Satisfied 22/09/2022
charge
satisfied

BARCLAYS BANK PLC

Created 03/04/1990Registered 12/04/1990Satisfied 22/09/2022

CompanyRankvs 339+ SIC 25990 peers
86

Financial strength97th percentile among SIC peers · 24/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 5.94× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Employees12/15 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 30/09/2023

Net Worth

£3.9M

Balance sheet strength

Cash

£1.7M

Cash in the bank

Net Current Assets

£3.5M

Working capital

Current Assets

£4.1M

Current Liabilities

£699k

Fixed Assets

£552k

Debtors

£1.5M

13avg. employees-1

Tax at Year End

Corp tax£256k

Balance Sheet

Assets less current liabilities£4.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20235.94+£813k
20224.50+£652k
20213.72+£456k
20205.40+£121k
20193.00+£57k
20184.10

Derived from filed accounts. Not audited figures.