Washington Metalworks Limited
01884797
Healthy
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 28/10/1992
DIRECTOR
BRITISH · ENGLAND · Age 67
Also on 8 other boards
director · Since 09/12/2016
COMMERCIAL DIRECTOR
BRITISH · UNITED KINGDOM · Age 62
Also on 1 other board
secretary · Since 09/02/2018
Persons with Significant Control
Mr Steven John Tate
British · England · Age 67
Washington Metalworks, Bath Road, Gateshead, NE10 0LH
Notified 06/04/2016
Wmw Group Limited
Bath Road, Gateshead, NE10 0LH
Reg: 11369361 · Companies House · Private Company Limited By Shares
Notified 29/06/2018
Former PSCs
Mr Ronald Barella
Ceased 02/12/2016
Charges3 outstanding
NATIONAL WESTMINSTER BANK PLC
RBS INVOICE FINANCE LIMITED
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 42+ SIC 25990 peers70
Show leaderboard
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
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 31/03/2025
Turnover
£14.1M
Annual revenue
Net Worth
£8.2M
Balance sheet strength
Cash
£1.5M
Cash in the bank
Profit Before Tax
£166k
Bottom line earnings
Net Current Assets
£3.5M
Working capital
Current Assets
£6.3M
Current Liabilities
£2.8M
Fixed Assets
£7.3M
Debtors
£2.8M
Cost of Sales
£10.5M
Gross Profit
£3.6M
Admin Expenses
£3.3M
Operating Profit
£323k
Profit After Tax
£83k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.28 | +£55k |
| 2024 | 1.97 | — |
Derived from filed accounts. Not audited figures.