Wieland Nemco Ltd.
02352212
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
30/09/2024
full
Next accounts due
30/06/2026
Confirmation statement
Last: 23/02/2026
Due 09/03/2027
Industry
Officers
director · Since 01/04/2018
DIRECTOR
BRITISH · ENGLAND · Age 59
Also on 3 other boards
director · Since 21/11/2019
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 57
Also on 5 other boards
director · Since 01/01/2025
SALES DIRECTOR
BRITISH · UNITED KINGDOM · Age 36
Also on 1 other board
Persons with Significant Control
Eduard Rudolf Carl Schleicher
German · Germany · Age 71
Graf-Arco-Strasse, Ulm, D-89079
Notified 21/02/2022
Former PSCs
Wieland (Holdings) Limited
Ceased 21/02/2022
CompanyRankvs 15+ SIC 24440 peers76
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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
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 financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 30/09/2023
Turnover
£48.3M
Annual revenue
Net Worth
£15.7M
Balance sheet strength
Cash
£5.5M
Cash in the bank
Profit Before Tax
£3.2M
Bottom line earnings
Net Current Assets
£14.2M
Working capital
Current Assets
£17.9M
Current Liabilities
£3.7M
Fixed Assets
£1.6M
Debtors
£4.6M
Cost of Sales
£43.8M
Gross Profit
£4.5M
Admin Expenses
£1.5M
Operating Profit
£3.1M
Profit After Tax
£2.4M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 4.79 | +£1.9M |
| 2022 | 3.34 | — |
Derived from filed accounts. Not audited figures.