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Nationwide Splicing & Rope Services Limited

02677697

active
Private Limited Company
england wales
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

58 DURHAM ROAD, CHESTER LE STREET, DH3 2QJ
Incorporated 15/01/1992

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

30/12/2026

On track

Confirmation statement

Last: 02/01/2026

Due 16/01/2027

On track

Industry

13940
Manufacture of cordage, rope, twine and netting

Officers

Mr Stephen George Waters

secretary · Since 15/01/1993

SALES OFFICER

BRITISH · ENGLAND · Age 63

Also on 2 other boards

Mr Ian Byron

director · Since 15/01/1993

ROPE SPLICER

BRITISH · ENGLAND · Age 61

Also on 1 other board

Mr Stephen George Waters

director · Since 15/01/1993

SALES OFFICER

BRITISH · ENGLAND · Age 63

Also on 2 other boards

Persons with Significant Control

Mr Ian Byron

25–50% shares

British · England · Age 61

58, Durham Road, Chester Le Street, DH3 2QJ

Notified 06/04/2016

Mr Stephen George Waters

25–50% shares

British · England · Age 63

58, Durham Road, Chester Le Street, DH3 2QJ

Notified 06/04/2016

Charges3 outstanding

charge
outstanding

LLOYDS TSB BANK PLC

Created 30/03/2012Registered 04/04/2012
charge
outstanding

TSB BANK PLC

Created 25/01/1999Registered 03/02/1999
charge
outstanding

TSB BANK PLC

Created 21/12/1998Registered 23/12/1998

CompanyRankvs 15+ SIC 13940 peers
74

Financial strength85th percentile among SIC peers · 21/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.06× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Tildenet Ltd
90
2Independent Twine Manufacturing Company Limited
89
3Trunet (Uk) Limited
89
4Mattelle Net Limited
88
5Trans-Web Limited
86
6Southern Ropes Uk Ltd
85
7Boris Net Company Limited
84
8Nationwide Splicing & Rope Services Limited
84
9Textile Enterprises Ltd
83
10Netting Services (Northern) Limited
82
How is this score calculated?
Financial strength21/25 pts

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

Employees13/15 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 31/03/2025

Net Worth

£860k

Balance sheet strength

Cash

£203k

Cash in the bank

Net Current Assets

£646k

Working capital

Current Assets

£1.3M

Current Liabilities

£608k

Fixed Assets

£263k

Debtors

£140k

11avg. employees+1

Tax at Year End

Corp tax£19k
VAT£42k

Balance Sheet

Intangible assets£1k
Assets less current liabilities£909k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20252.06+£53k£831k
20232.23+£457k—
20191.82——

Derived from filed accounts. Not audited figures.