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South West Metal Finishing Limited

02246273

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

ALPHINBROOK ROAD, EXETER, EX2 8TJ
Incorporated 20/04/1988

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25610
Treatment and coating of metals

Officers

Paul Jacobs

director · Since 01/10/2001

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 9 other boards

Ms Jacqueline Louise Jacobs

director · Since 01/04/2005

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 7 other boards

Matthew Jacobs

director · Since 01/04/2005

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 6 other boards

Jacqueline Louise Jacobs

secretary · Since 31/08/2006

BRITISH · UNITED KINGDOM · Age 56

Also on 18 other boards

Mr Damon Gill

director · Since 01/04/2019

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 57

Mr Lyndon Follows

director · Since 29/04/2019

COMMERCIAL DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 1 other board

Mr Stephen Terry Elliott-Mead

director · Since 25/09/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 1 other board

Persons with Significant Control

E.I.C. (Exeter) Limited

75–100% shares
75–100% votes

Alphinbrook Road, Alphington, Exeter, EX2 8TJ

Reg: 00381449 · England And Wales · Private Company Limited By Shares

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 14/06/2024Registered 14/06/2024
Charge
satisfied

LLOYDS BANK PLC

Created 18/06/2020Registered 30/06/2020Satisfied 01/07/2024
Charge
outstanding

LLOYDS BANK PLC

Created 01/03/2018Registered 01/03/2018
Charge
satisfied

LLOYDS TSB BANK PLC

Created 04/06/2013Registered 11/06/2013Satisfied 17/06/2021
charge
satisfied

LLOYDS TSB BANK PLC

Created 30/05/2008Registered 12/06/2008Satisfied 17/06/2021
charge
satisfied

LLOYDS TSB BANK PLC

Created 01/09/2004Registered 10/09/2004Satisfied 17/06/2021
charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 30/09/1998Registered 03/10/1998Satisfied 08/03/2017
charge
satisfied

LLOYDS BANK PLC

Created 11/10/1988Registered 14/10/1988Satisfied 08/03/2017

CompanyRankvs 106+ SIC 25610 peers
65

Financial strength97th percentile among SIC peers · 24/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.61× · 16/20
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.

Liquidity16/20 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 original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect t

Key FinancialsYear ending 31/03/2025

Turnover

£12.7M

Annual revenue

Net Worth

£3.9M

Balance sheet strength

Cash

£237k

Cash in the bank

Profit Before Tax

£614k

Bottom line earnings

Net Current Assets

£1.8M

Working capital

Current Assets

£4.8M

Current Liabilities

£3.0M

Fixed Assets

£3.8M

Debtors

£4.4M

Cost of Sales

£7.0M

Gross Profit

£5.8M

Admin Expenses

£4.8M

Operating Profit

£731k

Profit After Tax

£567k

171avg. employees+12

Tax at Year End(2023)

Corp tax£29k

People Costs

Wages & salaries£5.3M
NI contributions£479k

Balance Sheet

Intangible assets£423k
Bank loans & overdrafts£99k
Assets less current liabilities£5.6M
Signed by Class 1Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20251.61+£567k
20241.67+£83k
20231.90-£414k
20222.61-£378k
20213.28-£129k
20202.77

Derived from filed accounts. Not audited figures.