Metalite Limited
02517892
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
30/11/2024
total exemption full
Next accounts due
31/08/2026
Confirmation statement
Last: 03/07/2025
Due 17/07/2026
Industry
Officers
Persons with Significant Control
Mr Kulbir Singh Gawera
British · England · Age 53
121 Barkby Road, Troon Industrial Area, Leicester, LE4 9LU
Notified 01/07/2016
Mrs Kamaldeep Kaur Gawera
British · England · Age 49
121 Barkby Road, Troon Industrial Area, Leicester, LE4 9LU
Notified 01/07/2016
CompanyRankvs 607+ SIC 25620 peers63
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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
Act 2006. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going
Key FinancialsYear ending 30/11/2024
Net Worth
£250k
Balance sheet strength
Cash
£164k
Cash in the bank
Net Current Assets
£204k
Working capital
Current Assets
£205k
Current Liabilities
£2k
Fixed Assets
£46k
Debtors
£40k
Tax at Year End(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 135.49 | -£11k |
| 2023 | 29.23 | -£56k |
| 2022 | 47.29 | -£13k |
| 2021 | 37.70 | +£6k |
| 2020 | 40.21 | +£7k |
| 2019 | 29.42 | +£8k |
| 2018 | 13.60 | — |
Derived from filed accounts. Not audited figures.