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Winch Systems Limited

03509897

active
ltd
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

Craven House, Craven Street South, Hull, HU9 1AP
Incorporated 13/02/1998

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 08/08/2025

Due 22/08/2026

On track

Industry

28220
Manufacture of lifting and handling equipment

Officers

Neil Giblin

director · Since 13/02/1998

MANAGING DIRECTOR

BRITISH · ENGLAND

Also on 2 other boards

Neil Giblin

director · Since 13/02/1998

British · England

Former

Michael Findlow

director · Resigned 24/12/2015

James Michael Addenbrooke

director · Resigned 27/10/2017

Julie Giblin

secretary · Resigned 10/08/2020

Julie Giblin

director · Resigned 17/12/2020

Persons with Significant Control

Neil Giblin

75–100% shares

British · England

Notified 30/06/2016

Former PSCs

Mrs Julie Giblin

Ceased 30/11/2019

Charges1 outstanding

charge
outstanding

CLYDESDALE BANK PLC

Created 28/06/2011Registered 06/07/2011

Change History

status → active
2026-07-27

Active

type → ltd
2026-07-27

Private Limited Company

address line1 → Craven House
2026-07-27

CRAVEN HOUSE

post town → Hull
2026-07-27

HULL

officer appointed → GIBLIN, Neil
2026-07-27

CompanyRankvs 96+ SIC 28220 peers
70

Financial strength79th percentile among SIC peers · 20/25
Employees67th percentile among SIC peers · 10/15
LiquidityCurrent ratio 4.9× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength20/25 pts

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

Employees10/15 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

£1.0M

Balance sheet strength

Cash

£474k

Cash in the bank

Net Current Assets

£976k

Working capital

Current Assets

£1.2M

Current Liabilities

£250k

Fixed Assets

£66k

Debtors

£431k

7avg. employees

Balance Sheet

Assets less current liabilities£1.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20254.90+£0
20254.90-£26k
20248.13+£22k
20239.95—

Derived from filed accounts. Not audited figures.