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Goodman Metalworks Limited

01900509

active
Private Limited Company
england wales
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

PRIVATE ROAD NO 7, NOTTINGHAM, NG4 2JW
Incorporated 28/03/1985

Compliance

Last accounts

31/03/2025

medium

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 11/12/2025

Due 25/12/2026

On track

Industry

25110
Manufacture of metal structures and parts of structures
25990
Manufacture of other fabricated metal products

Officers

Mr Richard Terence Goodman

director · Since 01/12/2005

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 6 other boards

Dorothy Joan Goodman

secretary · Since 12/12/2005

CO SECRETARY

BRITISH · UNITED KINGDOM · Age 87

Also on 6 other boards

Persons with Significant Control

Mrs Dorothy Joan Goodman

Significant control

British · England · Age 87

Goodman Metal Works, Private Road 7, Nottingham, NG4 2JW

Notified 12/12/2017

Mr Richard Terence Goodman

Significant control

British · England · Age 60

Private Road No 7, Nottingham, NG4 2JW

Notified 12/12/2017

Goodman Holdings Limited

75–100% shares
75–100% votes

Private Road No. 7, Colwick Industrial Estate, Nottingham, NG4 2JW

Reg: 05064443 · Companies House · Limited Company

Notified 12/12/2017

Charges3 outstanding

charge
outstanding

RBS INVOICE FINANCE LIMITED

Created 06/09/2011Registered 08/09/2011
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 27/03/2008Registered 08/04/2008
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 08/01/2007Registered 10/01/2007

CompanyRankvs 379+ SIC 25110 peers
61

Financial strength96th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.3× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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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.

Employees15/15 pts

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

Liquidity12/20 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

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 director with respect to going con

Key FinancialsYear ending 31/03/2025

Turnover

£9.3M

Annual revenue

Net Worth

£3.2M

Balance sheet strength

Cash

£570k

Cash in the bank

Profit Before Tax

£646k

Bottom line earnings

Net Current Assets

£727k

Working capital

Current Assets

£3.2M

Current Liabilities

£2.5M

Fixed Assets

£3.2M

Debtors

£2.1M

Cost of Sales

£6.5M

Gross Profit

£2.8M

Admin Expenses

£2.1M

Operating Profit

£703k

Profit After Tax

£513k

85avg. employees+6

People Costs

Wages & salaries£3.1M
NI contributions£308k

Balance Sheet

Assets less current liabilities£3.9M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.30+£513k
20241.27+£806k
20231.23

Derived from filed accounts. Not audited figures.