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Metalite Limited

02517892

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

121 BARKBY ROAD, LEICESTER, LE4 9LU
Incorporated 03/07/1990

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 03/07/2025

Due 17/07/2026

On track

Industry

25620
Machining

Officers

Mr Kulbir Singh Gawera

director · Since 28/03/2003

DIRECTOR

BRITISH · ENGLAND · Age 54

Kamaldeep Kaur Gawera Hnd

secretary · Since 01/12/2005

MANUFACTURING

BRITISH · Age 50

Persons with Significant Control

Mr Kulbir Singh Gawera

25–50% shares
25–50% votes
Appoint directors

British · England · Age 54

121 Barkby Road, Troon Industrial Area, Leicester, LE4 9LU

Notified 01/07/2016

Mrs Kamaldeep Kaur Gawera

25–50% shares
25–50% votes
Appoint directors

British · England · Age 50

121 Barkby Road, Troon Industrial Area, Leicester, LE4 9LU

Notified 01/07/2016

CompanyRankvs 600+ SIC 25620 peers
63

Financial strength66th percentile among SIC peers · 17/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 28.46× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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600Metalite Limited
73
How is this score calculated?
Financial strength17/25 pts

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

Employees6/15 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

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 concern

Key FinancialsYear ending 30/11/2025

Net Worth

£248k

Balance sheet strength

Cash

£157k

Cash in the bank

Net Current Assets

£190k

Working capital

Current Assets

£196k

Current Liabilities

£7k

Fixed Assets

£59k

Debtors

£40k

2avg. employees

Balance Sheet

Assets less current liabilities£248k
Signed by Mr Kulbir Gawera 11 August 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202528.46-£1k
2024135.49-£11k
202329.23—

Derived from filed accounts. Not audited figures.