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Sponmech Safety Systems Limited

02621238

active
ltd
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

Hayseech Road, Halesowen, West Midlands, B63 3PD
Incorporated 17/06/1991

Previously known as

Binley Limited · until 21/02/1992

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 17/06/2025

Due 01/07/2026

On track

Industry

25110
Manufacture of metal structures and parts of structures

Officers

David John Sheppard

director · Since 17/06/1991

British · United Kingdom · Age 67

David John Sheppard

secretary · Since 15/12/1995

British

Stuart Phillip John Bull

director · Since 08/05/2015

British · England · Age 54

Former

Pauline Alice Bull

director · Resigned 08/05/2015

Persons with Significant Control

Mr Stuart Philip John Bull

25–50% shares
25–50% votes

British · United Kingdom · Age 54

Hayseech Road, West Midlands, B63 3PD

Notified 06/04/2016

Mr David John Sheppard

25–50% shares
25–50% votes

British · United Kingdom · Age 67

Hayseech Road, West Midlands, B63 3PD

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

LLOYDS BANK PLC.

Created 31/10/1992Registered 04/11/1992

Change History

status → active
2026-06-10

Active

type → ltd
2026-06-10

Private Limited Company

address line1 → Hayseech Road
2026-06-10

HAYSEECH ROAD

post town → West Midlands
2026-06-10

WEST MIDLANDS

CompanyRankvs 109+ SIC 25110 peers
77

Financial strength93th percentile among SIC peers · 23/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 5.55× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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109Sponmech Safety Systems Limited
87
How is this score calculated?
Financial strength23/25 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2026

Net Worth

£2.1M

Balance sheet strength

Cash

£1.5M

Cash in the bank

Net Current Assets

£1.9M

Working capital

Current Assets

£2.3M

Current Liabilities

£422k

Fixed Assets

£184k

Debtors

£762k

25avg. employees

Balance Sheet

Assets less current liabilities£2.1M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20265.55+£66k
20255.40+£51k
20243.99+£114k
20235.17—

Derived from filed accounts. Not audited figures.