Service Metals (Midlands) Limited
02107614
Some Concerns
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 30/10/1991
ALUMINIUM STOCKHOLDER
BRITISH · UNITED KINGDOM · Age 78
Also on 13 other boards
director · Since 21/09/2022
ACCOUNTANT
BRITISH · ENGLAND · Age 61
Also on 12 other boards
Persons with Significant Control
Mr John Marshall Winn
British · England · Age 78
55 Fountain Street, Morley, Leeds, LS27 0AA
Notified 06/04/2016
Former PSCs
Mr Graham Patrick Wilson
Ceased 13/12/2024
Mr James Harry Chrimes
Ceased 13/10/2019
Charges2 outstanding
NATIONAL WESTMINSTER BANK PLC ( REGISTERED NUMBER 929027) AS SECURITY AGENT FOR NATIONAL WESTMI
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
YORKSHIRE BANK PLC
CompanyRankvs 2060+ SIC 46720 peers60
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent 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
Net Worth
£3.2M
Balance sheet strength
Cash
£1.2M
Cash in the bank
Net Current Assets
£1.1M
Working capital
Current Assets
£7.9M
Current Liabilities
£6.8M
Fixed Assets
£3.9M
Debtors
£3.0M
Profit After Tax
£520k
Tax at Year End
Director Loans
People Costs(2017)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 1.17 | +£2.0M | £3.7M |
| 2019 | 1.14 | +£105k | — |
| 2018 | 1.11 | +£181k | £4.0M |
| 2017 | 1.14 | — | £3.0M |
Derived from filed accounts. Not audited figures.