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Wrapid Manufacturing Limited

03562515

active
Private Limited Company
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

250 THORNTON ROAD, WEST YORKSHIRE, BD1 2LB
Incorporated 13/05/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

William Peter Birkinhead

director · Since 21/08/1998

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 81

John Clark

director · Since 21/08/1998

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 73

Also on 3 other boards

Mr Christopher Hudson

director · Since 04/01/2011

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 3 other boards

Mr Stephen Patrick York

director · Since 04/01/2011

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 2 other boards

Mr Stephen Patrick York

secretary · Since 01/07/2015

Also on 2 other boards

Persons with Significant Control

Wrapid Holdings Limited

75–100% shares
75–100% votes

250 Thornton Road, Bradford, BD1 2LB

Reg: 02067210 · England & Wales · Limited Company

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 01/04/2015Registered 03/04/2015
Charge
outstanding

BARCLAYS BANK PLC

Created 30/01/2014Registered 13/02/2014
charge
outstanding

BARCLAYS BANK PLC

Created 20/08/2012Registered 31/08/2012
charge
satisfied

WP & MS INVESTMENTS

Created 13/07/2011Registered 15/07/2011Satisfied 29/07/2022
charge
satisfied

J & JC INVESTMENTS

Created 13/07/2011Registered 15/07/2011Satisfied 29/07/2022
charge
satisfied

YORKSHIRE FORWARD (YORKSHIRE & HUMBER DEVELOPMENT AGENCY)

Created 14/04/2011Registered 20/04/2011Satisfied 29/07/2022
charge
satisfied

CLYDESDALE BANK PLC

Created 21/12/2009Registered 23/12/2009Satisfied 17/03/2015
charge
satisfied

WILLIAM PETER BIRKINHEAD

Created 20/03/2008Registered 08/04/2008Satisfied 15/07/2011
charge
satisfied

JOHN CLARK

Created 20/03/2008Registered 08/04/2008Satisfied 15/07/2011
charge
satisfied

BARCLAYS BANK PLC

Created 04/05/2006Registered 17/05/2006Satisfied 30/01/2010
charge
satisfied

JOHN CLARK

Created 04/05/2006Registered 11/05/2006Satisfied 15/07/2011
charge
satisfied

WILLIAM PETER BIRKINHEAD

Created 04/05/2006Registered 11/05/2006Satisfied 15/07/2011
charge
satisfied

BARCLAYS BANK PLC

Created 04/01/1999Registered 08/01/1999Satisfied 30/01/2010
charge
satisfied

BARCLAYS BANK PLC

Created 19/12/1998Registered 04/01/1999Satisfied 30/01/2010

CompanyRankvs 1706+ SIC 32990 peers
60

Financial strength93th percentile among SIC peers · 23/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.15× · 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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90
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10Silent Gliss Limited
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1706Wrapid Manufacturing Limited
80
How is this score calculated?
Financial strength23/25 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 31/12/2022

Turnover

£24.2M

Annual revenue

Net Worth

£1.7M

Balance sheet strength

Cash

£505k

Cash in the bank

Profit Before Tax

£660k

Bottom line earnings

Net Current Assets

£952k

Working capital

Current Assets

£7.4M

Current Liabilities

£6.4M

Fixed Assets

£1.1M

Debtors

£4.9M

Cost of Sales

£19.2M

Gross Profit

£5.0M

Admin Expenses

£3.8M

Operating Profit

£745k

Profit After Tax

£547k

106avg. employees

Tax at Year End

Dividends paid£1.3M

People Costs

Wages & salaries£3.4M
NI contributions£328k

Balance Sheet

Assets less current liabilities£2.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20221.15

Derived from filed accounts. Not audited figures.