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Induction Melting Repairs Limited

04360240

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

UNIT F BESSEMER ROAD, SHEFFIELD, S9 3XN
Incorporated 25/01/2002

Compliance

Last accounts

31/03/2025

unaudited abridged

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 01/09/2025

Due 15/09/2026

On track

Industry

28210
Manufacture of ovens, furnaces and furnace burners

Officers

Mr Jonathan Philip Spencer

director · Since 19/08/2025

ENGINEER

BRITISH · ENGLAND · Age 42

Also on 1 other board

Mr Josef Turner

director · Since 19/08/2025

ENGINEER

BRITISH · ENGLAND · Age 27

Also on 1 other board

Persons with Significant Control

Induction Furnace Solutions Ltd

75–100% shares
75–100% votes

56, Adlington Road, Sheffield, S5 8BS

Reg: 16312483 · Companies House · Ltd Company

Notified 07/08/2025

Former PSCs

Mr Terrance Arnold Moore

Ceased 07/08/2025

Mr Paul Ulyett

Ceased 07/08/2025

Charges1 outstanding

Charge
outstanding

HSBC BANK PLC

Created 11/06/2014Registered 12/06/2014

CompanyRankvs 12+ SIC 28210 peers
70

Financial strength75th percentile among SIC peers · 19/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 4.78× · 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 strength19/25 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.

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

£433k

Balance sheet strength

Cash

£363k

Cash in the bank

Net Current Assets

£453k

Working capital

Current Assets

£572k

Current Liabilities

£120k

Fixed Assets

£75k

Debtors

£199k

7avg. employees

Balance Sheet

Assets less current liabilities£528k
Signed by 2024-04-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20254.78+£57k
20243.86+£41k
20232.59+£146k
20221.75-£5k
20211.73+£2k
20201.96-£4k
20191.66

Derived from filed accounts. Not audited figures.