West Engineering And Spiral Tube Limited
03328291
Some Concerns
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/07/2024
total exemption full
Next accounts due
31/07/2026
Confirmation statement
Last: 31/10/2025
Due 14/11/2026
Industry
Officers
Persons with Significant Control
West Engineering Holdings Limited
6, Olympus Close, Ipswich, IP1 5LN
Reg: 02627741 · Register Of Companies · Limited Company
Notified 06/04/2016
Charges1 outstanding
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CompanyRankvs 2122+ SIC 25990 peers53
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the financial statements have been prepared on the going concern basis. Whilst the director is confident that this support will continue, these circumstances represent a material uncertainty which may cast significant doubt on the company's ability to c
Key FinancialsYear ending 31/07/2025
Net Worth
£1.8M
Balance sheet strength
Cash
£19k
Cash in the bank
Net Current Assets
-£301k
Working capital
Current Assets
£902k
Current Liabilities
£1.2M
Fixed Assets
£2.2M
Debtors
£645k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.75 | -£164k |
| 2024 | 0.91 | +£948k |
| 2023 | 1.19 | — |
Derived from filed accounts. Not audited figures.