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Bearings & Drives Limited

03522079

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

UNITS 4 & 5 GREENFIELD ROAD, CONGLETON, CW12 4TR
Incorporated 04/03/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

24450
Other non-ferrous metal production

Officers

Mr William James Simpson

director · Since 08/05/1998

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 69

Also on 11 other boards

Mr William James Simpson

secretary · Since 08/05/1998

SALES MANAGER

BRITISH · UNITED KINGDOM · Age 69

Also on 11 other boards

John Middleton

director · Since 08/05/1998

DIRECTOR

BRITISH · Age 66

Also on 3 other boards

Mr Stephen John Bacon

director · Since 07/03/2011

DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Mrs Julie Simpson

director · Since 02/09/2020

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 62

Mr Benjamin James Booth

director · Since 31/03/2026

BRITISH · ENGLAND · Age 34

Also on 2 other boards

Mr Shawn Beardmore

director · Since 31/03/2026

BRITISH · ENGLAND · Age 41

Also on 2 other boards

Persons with Significant Control

Mr John Middleton

Significant control

British · United Kingdom · Age 66

Units 4 & 5 Greenfield Road, Greenfield Industrial Estate, Congleton, CW12 4TR

Notified 06/04/2016

Mr William James Simpson

Significant control

British · United Kingdom · Age 69

Units 4 & 5 Greenfield Road, Greenfield Industrial Estate, Congleton, CW12 4TR

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

MIDLAND BANK PLC

Created 05/06/1998Registered 06/06/1998Satisfied 28/03/2019

CompanyRankvs 32+ SIC 24450 peers
79

Financial strength73th percentile among SIC peers · 18/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.17× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

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.

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

Key FinancialsYear ending 31/05/2025

Net Worth

£546k

Balance sheet strength

Cash

£121k

Cash in the bank

Net Current Assets

£523k

Working capital

Current Assets

£969k

Current Liabilities

£446k

Fixed Assets

£30k

Debtors

£512k

10avg. employees+1

Balance Sheet

Assets less current liabilities£553k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.17-£46k
20242.24+£10k
20232.15+£18k
20222.03+£140k
20211.83+£113k
20201.60

Derived from filed accounts. Not audited figures.