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West Yorkshire Spinners Limited

03306556

active
Private Limited Company
england wales
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

UNIT 2 AIREDALE PARK, KEIGHLEY, BD21 4DG
Incorporated 23/01/1997

Compliance

Last accounts

31/03/2024

full

Next accounts due

19/03/2026

Overdue

Confirmation statement

Last: 26/06/2025

Due 10/07/2026

On track

Industry

13100
Preparation and spinning of textile fibres

Officers

Mr Richard Peter Longbottom

director · Since 01/05/2016

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 2 other boards

Mr Gareth Robert Jones

director · Since 13/10/2020

PRODUCTION DIRECTOR

BRITISH · ENGLAND · Age 40

Persons with Significant Control

Novita Group Oy

75–100% shares

27 - 29 A, Tehtaankatu, Helsinki, 00150

Reg: 3230029-4 · Finnish Trade Register · Private Limited Company

Notified 31/03/2025

Former PSCs

Mr Peter Longbottom

Ceased 01/04/2017

Mr Ernst Magnus Gylfe

Ceased 31/03/2025

Charges3 outstanding

Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 23/11/2018Registered 13/12/2018
Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 23/11/2018Registered 13/12/2018
Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 23/11/2018Registered 13/12/2018
Charge
satisfied

SVENSKA HANDELSBANKEN AB (PUBL)

Created 23/11/2018Registered 13/12/2018Satisfied 12/09/2024
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 31/07/2012Registered 08/08/2012Satisfied 07/12/2018
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 26/10/2010Registered 04/11/2010Satisfied 07/12/2018
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 12/05/1999Registered 25/05/1999Satisfied 07/12/2018

CompanyRankvs 260+ SIC 13100 peers
61

Financial strength97th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.2× · 12/20
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 strength24/25 pts

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

Employees15/15 pts

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

Liquidity12/20 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 concern are d

Key FinancialsYear ending 31/03/2024

Net Worth

£6.7M

Balance sheet strength

Cash

£255k

Cash in the bank

Profit Before Tax

£10k

Bottom line earnings

Net Current Assets

£698k

Working capital

Current Assets

£4.3M

Current Liabilities

£3.6M

Fixed Assets

£7.0M

Debtors

£676k

Cost of Sales

£8.3M

Admin Expenses

£2.2M

Profit After Tax

£3k

69avg. employees+3

Tax at Year End

Corp tax£9k

People Costs

Wages & salaries£1.9M

Balance Sheet

Bank loans & overdrafts£275k
Assets less current liabilities£7.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.20-£51k
20231.19+£528k
20221.40+£579k
20211.42+£418k
20201.25

Derived from filed accounts. Not audited figures.