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Spiralbuild Limited

04157730

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 1, 40-48 BROMELLS ROAD, LONDON, SW4 0BG
Incorporated 09/02/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Sami Wasif

director · Since 07/05/2001

DIRECTOR

BRITISH · UNITED KINGDOM · Age 79

Also on 15 other boards

Ms Charmaine Wasif

director · Since 01/02/2011

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 2 other boards

Ms Heidi Wasif

director · Since 05/08/2013

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 5 other boards

Persons with Significant Control

Mr Sami Wasif

Significant control

British · England · Age 79

Unit 1, 40-48, Bromells Road, London, SW4 0BG

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

CYNERGY BANK LIMITED

Created 24/12/2021Registered 04/01/2022
Charge
outstanding

CYNERGY BANK LIMITED

Created 24/12/2021Registered 04/01/2022
charge
satisfied

LLOYDS TSB BANK PLC

Created 14/11/2008Registered 19/11/2008Satisfied 29/12/2021
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 14/10/2008Registered 17/10/2008Satisfied 16/01/2010
charge
satisfied

LLOYDS TSB BANK PLC

Created 10/10/2008Registered 16/10/2008Satisfied 29/12/2021

CompanyRankvs 235+ SIC 68100 peers
80

Financial strength100th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 19.87× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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90
How is this score calculated?
Financial strength25/25 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.

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 31/10/2024

Net Worth

£30.9M

Balance sheet strength

Cash

£35k

Cash in the bank

Net Current Assets

£10.5M

Working capital

Current Assets

£11.1M

Current Liabilities

£559k

Fixed Assets

£49.1M

Debtors

£1.5M

6avg. employees

Tax at Year End(2021)

Corp tax-£26

Director Loans

Company owes directors£2.6M

Balance Sheet

Assets less current liabilities£59.6M
Signed by Mr SAMI WASIF 31/10/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202419.87-£9.5M
202316.58+£30.8M
20228.73-£1.1M
20212.59+£321k
20201.68+£9.9M
20196.38+£42k
20186.69—

Derived from filed accounts. Not audited figures.