North East Metal Spinners Limited
02470856
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 16/02/1991
FACTORY MANAGER
UNITED KINGDOM · UNITED KINGDOM · Age 74
Persons with Significant Control
Mr Charles Hepplewhite
United Kingdom · United Kingdom · Age 78
42 Hutton Close, Washington, NE38 0AH
Notified 06/04/2016
Mr Arnold Guest Hipkiss
United Kingdom · United Kingdom · Age 74
42 Hutton Close, Washington, NE38 0AH
Notified 06/04/2016
Charges0 outstanding
THE CO-OPERATIVE BANK PLC
THE CO-OPERATIVE BANK PLC
THE CO-OPERATIVE BANK PLC
CompanyRankvs 1862+ SIC 25990 peers75
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
£218k
Balance sheet strength
Cash
£21k
Cash in the bank
Net Current Assets
£53k
Working capital
Current Assets
£124k
Current Liabilities
£70k
Fixed Assets
£190k
Debtors
£99k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 1.76 | -£7k | £304k |
| 2024 | 1.89 | -£112k | £316k |
| 2023 | 2.77 | +£62k | £402k |
| 2022 | 2.90 | +£52k | — |
| 2021 | 2.20 | — | £353k |
Derived from filed accounts. Not audited figures.