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North East Metal Spinners Limited

02470856

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

42 HUTTON CLOSE, WASHINGTON, NE38 0AH
Incorporated 16/02/1990

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Arnold Guest Hipkiss

director · Since 16/02/1991

FACTORY MANAGER

UNITED KINGDOM · UNITED KINGDOM · Age 74

Mr Charles Hepplewhite

director · Since 12/10/1992

MANAGER

UNITED KINGDOM · UNITED KINGDOM · Age 78

Persons with Significant Control

Mr Charles Hepplewhite

25–50% shares

United Kingdom · United Kingdom · Age 78

42 Hutton Close, Washington, NE38 0AH

Notified 06/04/2016

Mr Arnold Guest Hipkiss

25–50% shares

United Kingdom · United Kingdom · Age 74

42 Hutton Close, Washington, NE38 0AH

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

THE CO-OPERATIVE BANK PLC

Created 03/11/2003Registered 05/11/2003Satisfied 06/10/2021
charge
satisfied

THE CO-OPERATIVE BANK PLC

Created 11/01/1995Registered 19/01/1995Satisfied 06/10/2021
charge
satisfied

THE CO-OPERATIVE BANK PLC

Created 28/11/1994Registered 03/12/1994Satisfied 06/10/2021

CompanyRankvs 1862+ SIC 25990 peers
75

Financial strength70th percentile among SIC peers · 18/25
Employees72th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.76× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees11/15 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.

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

7avg. employees-1

Tax at Year End

Corp tax£10k
VAT£15k

Balance Sheet

Assets less current liabilities£243k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20251.76-£7k£304k
20241.89-£112k£316k
20232.77+£62k£402k
20222.90+£52k
20212.20£353k

Derived from filed accounts. Not audited figures.