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Copperweld Bimetallics Uk Limited

03507011

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

UNIT B1, TELFORD, TF7 4NZ
Incorporated 04/02/1998

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 24/07/2025

Due 07/08/2026

On track

Industry

24340
Cold drawing of wire

Officers

Mr Dustin Edward Smith

director · Since 30/04/2017

CHIEF COMMERCIAL OFFICER

AMERICAN · UNITED STATES · Age 45

Mr Craig Waldon York

director · Since 01/01/2018

CEO

AMERICAN · UNITED STATES · Age 56

Persons with Significant Control

Former PSCs

Copperweld Bimetallics Llc

Ceased 06/04/2016

Charges0 outstanding

charge
satisfied

BARCLAYS BANK PLC

Created 25/05/2007Registered 04/06/2007Satisfied 27/09/2019
charge
satisfied

WACHOVIA BANK, NATIONAL ASSOCIATION

Created 28/04/2006Registered 12/05/2006Satisfied 24/04/2007
charge
satisfied

GENERAL ELECTRIC CAPITAL CORPORATION (AS SECURITY TRUSTEE FOR AND ON BEHALF OF ITSELF AND EACHO

Created 24/09/2002Registered 14/10/2002Satisfied 10/11/2005

CompanyRankvs 10+ SIC 24340 peers
61

Financial strength72th percentile among SIC peers · 18/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.14× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength18/25 pts

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

Employees11/15 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

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

Going Concern Doubt

the directors are aware of certain material uncertainties which may cause doubt on the company's ability to continue as a going concern. The company is reliant on the parent company to provide financial support and the majority of its material purchases. Management are aware that the parent company's ability to continue a

Key FinancialsYear ending 31/12/2024

Net Worth

£1.6M

Balance sheet strength

Cash

£777k

Cash in the bank

Net Current Assets

£285k

Working capital

Current Assets

£2.3M

Current Liabilities

£2.0M

Fixed Assets

£2.3M

Debtors

£521k

25avg. employees+1

Tax at Year End(2019)

Corp tax£3k

Balance Sheet

Assets less current liabilities£2.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20241.14
20230.99
20220.85
20211.02
20201.74
20191.63

Derived from filed accounts. Not audited figures.