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West Midland Grinding Limited

02161941

active
Private Limited Company
england wales
Companies House
Health Score
77 / 100

Some Concerns

25/30
Filing
20/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • 4 outstanding charges (-8)

Details

TULGROVE HOUSE JAMESON ROAD, BIRMINGHAM, B6 7SJ
Incorporated 07/09/1987

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 24/10/2025

Due 07/11/2026

On track

Industry

71129
Other engineering activities

Officers

Mrs Delia Elaine Cowin

secretary · Since 21/02/1991

BOOK KEEPER

BRITISH · ENGLAND · Age 79

Mr Steven Thomas Cowin

director · Since 01/02/2003

PRODUCTION MANAGER

BRITISH · ENGLAND · Age 49

Also on 1 other board

Mr Mark Charles Cowin

director · Since 31/10/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 1 other board

Persons with Significant Control

Mr Mark Charles Cowin

25–50% shares
25–50% votes

British · United Kingdom · Age 51

Tulgrove House, Jameson Road, Birmingham, B6 7SJ

Notified 19/06/2018

Mr Steven Thomas Cowin

25–50% shares
25–50% votes

British · England · Age 49

Tulgrove House, Jameson Road, Birmingham, B6 7SJ

Notified 19/06/2018

Former PSCs

Mrs Delia Elaine Cowin

Ceased 19/06/2018

Charges4 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 12/03/2018Registered 14/03/2018
Charge
outstanding

BARCLAYS BANK PLC

Created 20/12/2017Registered 05/01/2018
Charge
outstanding

BARCLAYS BANK PLC

Created 04/08/2015Registered 10/08/2015
charge
outstanding

BARCLAYS BANK PLC

Created 10/12/1991Registered 24/12/1991

CompanyRankvs 205+ SIC 71129 peers
79

Financial strength97th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.27× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding 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.

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 31/10/2024

Net Worth

£882k

Balance sheet strength

Cash

£459k

Cash in the bank

Net Current Assets

£447k

Working capital

Current Assets

£800k

Current Liabilities

£353k

Fixed Assets

£619k

Debtors

£340k

16avg. employees

Tax at Year End(2022)

Corp tax£122k

Balance Sheet

Assets less current liabilities£1.1M
Signed by Mr Mark Cowin Mr Steven Cowin 15th May 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.27+£32k
20232.07+£82k
20222.61+£81k
20212.88+£45k
20202.75+£56k
20192.46—

Derived from filed accounts. Not audited figures.