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Spunalloys Limited

02264844

active
ltd
england wales
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

Doulton Road, Cradley Heath, West Midlands, B64 5QS
Incorporated 06/06/1988

Previously known as

Colossae Limited · until 23/02/1989

Compliance

Last accounts

30/06/2025

full

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 29/12/2025

Due 12/01/2027

On track

Industry

24520
Casting of steel
24530
Casting of light metals
24540
Casting of other non-ferrous metals
25620
Machining

Officers

James Michael Salisbury

director · Since 19/11/2004

British · England · Age 52

Michael James Richards

director · Since 02/07/2007

British · England · Age 49

Thomas Arthur Westley

director · Since 19/05/2025

British · England · Age 33

Daniel Owen Brooks

director · Since 19/05/2025

British · England · Age 33

Former

Christopher Norman Cooper

director · Resigned 01/11/1992

Herbert Henry William Crust

director · Resigned 31/08/1993

William Westley (Junior)

director · Resigned 16/04/1994

Stephen Bernard Bastin

director · Resigned 31/08/1998

Alan Michael Steventon

director · Resigned 30/09/1998

David Ross Bell

director · Resigned 30/04/1999

Michael Jefferson Osborne

director · Resigned 31/10/2000

Alan Edward Wort

secretary · Resigned 31/12/2000

Alan Edward Wort

director · Resigned 31/12/2000

James Michael Salisbury

director · Resigned 31/05/2003

Roderick Richard Hallett

director · Resigned 19/11/2004

Roderick Richard Hallett

secretary · Resigned 19/11/2004

Thomas Philip Westley

director · Resigned 21/05/2007

James Michael Salisbury

secretary · Resigned 26/05/2011

Ian James Mcwhirter

director · Resigned 04/07/2011

Philip Andrew Hine

director · Resigned 01/07/2015

Newfield Trust Services Ltd

corporate secretary · Resigned 01/07/2015

Robert John Salisbury

director · Resigned 19/05/2025

Persons with Significant Control

Westley Group Limited

75–100% shares

PO BOX 1, Doulton Road, Cradley Heath, B64 5QN

Reg: 01150600 · Uk Companies House · Limited Company

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 11/03/2022Registered 28/03/2022
Charge
outstanding

HSBC UK BANK PLC

Created 15/12/2021Registered 24/12/2021
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 20/12/2021Registered 20/12/2021
charge
satisfied

BARCLAYS BANK PLC

Created 03/03/2003Registered 05/03/2003Satisfied 22/02/2022
charge
satisfied

BARCLAYS BANK PLC

Created 08/10/2002Registered 18/10/2002Satisfied 22/02/2022
charge
satisfied

BARCLAYS BANK PLC

Created 19/10/1998Registered 29/10/1998Satisfied 22/02/2022
charge
satisfied

LLOYDS BANK PLC

Created 07/02/1997Registered 15/02/1997Satisfied 23/10/1998
charge
satisfied

LLOYDS BANK PLC

Created 18/10/1990Registered 06/11/1990Satisfied 23/10/1998
charge
satisfied

LLOYDS BANK PLC

Created 08/11/1989Registered 23/11/1989Satisfied 23/10/1998
charge
satisfied

LLOYDS BANK PLC

Created 08/11/1989Registered 23/11/1989Satisfied 23/10/1998
charge
satisfied

LLOYDS BANK PLC

Created 21/09/1988Registered 08/10/1988Satisfied 23/10/1998

Change History

officer appointedWESTLEY, Thomas Arthur
2026-06-09
officer appointedBROOKS, Daniel Owen
2026-06-09
officer appointedRICHARDS, Michael James
2026-06-09
officer appointedSALISBURY, James Michael
2026-06-09
statusactive
2026-06-09

Active

typeltd
2026-06-09

Private Limited Company

address line1Doulton Road
2026-06-09

DOULTON ROAD

post townWest Midlands
2026-06-09

WEST MIDLANDS

CompanyRankvs 14+ SIC 24520 peers
65

Financial strength95th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.97× · 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 30/06/2025

Turnover

£13.1M

Annual revenue

Net Worth

£6.9M

Balance sheet strength

Cash

£130k

Cash in the bank

Profit Before Tax

£120k

Bottom line earnings

Net Current Assets

£5.0M

Working capital

Current Assets

£10.2M

Current Liabilities

£5.2M

Fixed Assets

£2.5M

Debtors

£3.5M

Cost of Sales

£10.5M

Gross Profit

£2.6M

Admin Expenses

£3.1M

Operating Profit

-£3k

Profit After Tax

£127k

97avg. employees

People Costs

Wages & salaries£3.7M
NI contributions£368k

Balance Sheet

Assets less current liabilities£7.5M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20251.97+£0
20251.97+£127k
20242.14+£109k
20232.46

Derived from filed accounts. Not audited figures.