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Tunley Rod & Bar (Decoilers) Limited

02122048

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 22 COBBETT ROAD, BURNTWOOD, WS7 3GL
Incorporated 10/04/1987

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Julian Glenn Tunley

secretary · Since 31/08/1992

STEEL DECOILER

BRITISH · ENGLAND · Age 66

Also on 9 other boards

Mr Julian Glenn Tunley

director · Since 31/08/1992

STEEL DECOILER

BRITISH · ENGLAND · Age 66

Also on 9 other boards

Persons with Significant Control

Mr Julian Glenn Tunley

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

British · England · Age 66

Unit 22 Cobbett Road, Burntwood, WS7 3GL

Notified 06/04/2016

Former PSCs

Mr Stanley Simeon Tunley

Ceased 14/08/2020

Charges2 outstanding

charge
satisfied

HSBC BANK PLC

Created 17/11/2003Registered 19/11/2003Satisfied 15/05/2023
charge
outstanding

MIDLAND BANK PLC

Created 07/04/1997Registered 08/04/1997
charge
outstanding

MIDLAND BANK PLC

Created 24/09/1996Registered 01/10/1996
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 17/06/1987Registered 23/06/1987Satisfied 15/06/2023

CompanyRankvs 563+ SIC 25990 peers
73

Financial strength89th percentile among SIC peers · 22/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 3.07× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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563Tunley Rod & Bar (Decoilers) Limited
83
How is this score calculated?
Financial strength22/25 pts

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

Employees11/15 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£1.3M

Balance sheet strength

Cash

£622k

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£1.8M

Current Liabilities

£593k

Fixed Assets

£55k

Debtors

£760k

9avg. employees

Tax at Year End

Corp tax£3k

Balance Sheet

Assets less current liabilities£1.3M
Signed by J G Tunley

EstimatesDerived

YearCurrent RatioImplied Profit
20253.07-£9k
20243.10-£216k
20232.50+£68k
20221.93+£518k
20211.74+£185k
20202.02+£15k
20191.90+£110k
20171.80—

Derived from filed accounts. Not audited figures.