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W.D. Close & Sons Limited

02031962

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

CARVILLE WORKS, WALLSEND, NE28 6HF
Incorporated 27/06/1986

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mrs Ann Helen Close

secretary · Since 31/12/1991

BRITISH · ENGLAND · Age 72

Also on 13 other boards

Mrs Ann Helen Close

director · Since 31/12/1991

DIRECTOR

BRITISH · UNITED KINGDOM · Age 72

Also on 13 other boards

Mr William Dixon Close

director · Since 31/12/1991

DIRECTOR

BRITISH · ENGLAND · Age 82

Also on 3 other boards

Mr Christopher Paul Close

director · Since 08/07/2016

WORKS DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 1 other board

Persons with Significant Control

Shelford Holdings Ltd

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

Carville Works, Hadrian Road, Wallsend, NE28 6HF

Reg: 11379796 · Companies House · Private Limited Company

Notified 21/05/2019

Former PSCs

Mrs Ann Helen Close

Ceased 21/05/2019

Mr William Dixon Close

Ceased 21/05/2019

Mr Christopher Paul Close

Ceased 21/05/2019

Mr Kelly Christopher Scott

Ceased 21/05/2019

Mr Dean William Close

Ceased 30/07/2021

Charges0 outstanding

charge
satisfied

THE CO-OPERATIVE BANK PUBLIC LIMITED COMPANY

Created 04/05/1993Registered 12/05/1993Satisfied 19/09/2003
charge
satisfied

THE CO-OPERATIVE BANK PLC

Created 07/08/1990Registered 17/08/1990Satisfied 19/09/2003

CompanyRankvs 964+ SIC 25990 peers
69

Financial strength98th percentile among SIC peers · 25/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 3.38× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees4/15 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

£6.3M

Balance sheet strength

Cash

£1.2M

Cash in the bank

Profit Before Tax

£135k

Bottom line earnings

Net Current Assets

£5.0M

Working capital

Current Assets

£7.1M

Current Liabilities

£2.1M

Fixed Assets

£1.5M

Debtors

£5.8M

Cost of Sales

£10.2M

Admin Expenses

£2.5M

Profit After Tax

£99k

1avg. employees-123

Tax at Year End

Corp tax£0

People Costs(2022)

NI contributions£246k

Balance Sheet

Assets less current liabilities£6.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20253.38+£99k
20243.49+£1.0M
20232.81-£4.6M
20222.59+£524k
20214.54+£454k
20204.55+£197k
20193.29+£588k
20173.19

Derived from filed accounts. Not audited figures.