Sherwood Stainless And Aluminium Ltd
02412308
Some Concerns
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 5 outstanding charges (-10)
Details
Previously known as
Compliance
Last accounts
31/03/2025
group
Next accounts due
31/12/2026
Confirmation statement
Last: 09/08/2025
Due 23/08/2026
Industry
Officers
director · Since 09/08/1991
DIRECTOR
BRITISH · ENGLAND · Age 71
Also on 2 other boards
secretary · Since 01/01/2016
secretary · Since 01/01/2016
Former
director · Resigned 31/12/2015
secretary · Resigned 31/12/2015
Persons with Significant Control
Mr Paul Thurston
British · England · Age 72
The Science Park, Wolverhampton, WV10 9TF
Notified 06/04/2016
Mr Terence Franklin
British · England · Age 71
The Science Park, Wolverhampton, WV10 9TF
Notified 06/04/2016
Former PSCs
Mr Patrick Megarity
Ceased 01/07/2020
Charges5 outstanding
BARCLAYS SECURITY TRUSTEE LIMITED
NATIONAL WESTMINSTER BANK PLC
PATRICK JOHN MEGARITY
THE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
LOMBARD NATWEST DISCOUNTING LIMITED
KEVIN MORLEY
NATIONAL WESTMINSTER BANK PLC
Change History
Active
WOLVERHAMPTON
Private Limited Company
THE SCIENCE PARK
CompanyRankvs 651+ SIC 25990 peers62
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group'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
Key FinancialsYear ending 31/03/2025
Turnover
£35.7M
Annual revenue
Net Worth
£8.8M
Balance sheet strength
Cash
£647k
Cash in the bank
Profit Before Tax
-£800k
Bottom line earnings
Net Current Assets
£3.4M
Working capital
Current Assets
£13.0M
Current Liabilities
£9.6M
Fixed Assets
£8.3M
Debtors
£7.0M
Cost of Sales
£27.2M
Gross Profit
£8.4M
Admin Expenses
£5.2M
Operating Profit
-£509k
Profit After Tax
-£911k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.35 | -£951k |
| 2024 | 1.50 | +£767k |
| 2023 | 1.47 | +£1.3M |
| 2022 | 1.32 | — |
Derived from filed accounts. Not audited figures.