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Wincro Metal Industries Limited

02484337

active
Private Limited Company
Companies House
Health Score
77 / 100

Some Concerns

25/30
Filing
20/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

3 FIFE STREET, S9 1NJ
Incorporated 22/03/1990

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr John Andrew Young

director · Since 20/04/2015

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 8 other boards

Mrs Hailey Linda Butler

director · Since 08/04/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 1 other board

Persons with Significant Control

Wincro Holdings Limited

75–100% shares

3, Fife Street, Sheffield, S9 1NJ

Reg: 06700877 · Companies House · Private Limited Company

Notified 06/04/2016

Charges4 outstanding

Charge
outstanding

CLYDESDALE BANK PLC (TRADING AS VIRGIN MONEY) (COMPANY NUMBER SC001111)

Created 31/03/2023Registered 06/04/2023
Charge
outstanding

CLYDESDALE BANK PLC (TRADING AS VIRGIN MONEY) (COMPANY NUMBER SC001111)

Created 31/03/2023Registered 06/04/2023
Charge
outstanding

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE BANK AND YORKSHIRE BANK)

Created 01/04/2022Registered 08/04/2022
Charge
outstanding

MARTIN JONATHAN SWANN · PAUL BUTLER

Created 01/04/2022Registered 06/04/2022
charge
satisfied

THE CO-OPERATIVE BANK P.L.C

Created 30/09/2008Registered 04/10/2008Satisfied 01/03/2016
charge
satisfied

THE CO-OPERATIVE BANK P.L.C

Created 30/09/2008Registered 04/10/2008Satisfied 01/03/2016
charge
satisfied

PAUL BUTLER

Created 30/09/2008Registered 03/10/2008Satisfied 01/03/2016
charge
satisfied

MARTIN SWANN

Created 30/09/2008Registered 03/10/2008Satisfied 01/03/2016
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 13/06/2006Registered 16/06/2006Satisfied 03/10/2008
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 25/05/1995Registered 26/05/1995Satisfied 03/10/2008
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 18/09/1992Registered 24/09/1992Satisfied 03/10/2008
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 24/05/1990Registered 02/06/1990Satisfied 03/10/2008
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 24/05/1990Registered 02/06/1990Satisfied 03/10/2008
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 24/05/1990Registered 02/06/1990Satisfied 03/10/2008
charge
satisfied

3I PLC

Created 24/05/1990Registered 31/05/1990Satisfied 15/06/2000

CompanyRankvs 104+ SIC 25990 peers
69

Financial strength99th percentile among SIC peers · 25/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.92× · 20/20
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 strength25/25 pts

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

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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 financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/03/2023

Turnover

£10.6M

Annual revenue

Net Worth

£8.1M

Balance sheet strength

Cash

£1.2M

Cash in the bank

Profit Before Tax

£4.5M

Bottom line earnings

Net Current Assets

£7.8M

Working capital

Current Assets

£9.9M

Current Liabilities

£2.0M

Fixed Assets

£359k

Debtors

£8.2M

Cost of Sales

£4.1M

Gross Profit

£6.5M

Admin Expenses

£1.9M

Operating Profit

£4.7M

Profit After Tax

£3.7M

42avg. employees

Tax at Year End

Corp tax£561k
Dividends paid£7.6M

Balance Sheet

Assets less current liabilities£8.2M
Prepared with Caseware UK (AP4) 2022.0.179

EstimatesDerived

YearCurrent RatioImplied Profit
20234.92-£3.9M
20228.69

Derived from filed accounts. Not audited figures.