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Metal Developments Limited

04739742

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • 6 outstanding charges (-10)

Details

VICTOR HOUSE, WELLINGTON, TA21 0LR
Incorporated 18/04/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Stephen Derrick Charles Beard

director · Since 01/05/2003

HEATING APPLIANCE MANUFACTURER

BRITISH · UNITED KINGDOM · Age 62

Also on 4 other boards

Mr David Michael Steele

director · Since 26/10/2007

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 2 other boards

Sandy Moore

director · Since 28/07/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Persons with Significant Control

Vibest Limited

75–100% shares
75–100% votes
Appoint directors

Victor House, Greenham Business Park, Wellington, TA21 0LR

Reg: 14969139 · Companies House · Limited

Notified 17/08/2023

Former PSCs

Mr Stephen Derrick Charles Beard

Ceased 17/08/2023

Mr Andrew Robert Virgin

Ceased 17/08/2023

Mr David Michael Steele

Ceased 17/08/2023

Charges6 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 31/01/2017Registered 01/02/2017
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 19/02/2015Registered 23/02/2015
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 23/07/2009Registered 25/07/2009
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 16/07/2009Registered 18/07/2009
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 07/02/2007Registered 17/02/2007
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 17/10/2006Registered 19/10/2006
charge
satisfied

LLOYDS TSB BANK PLC

Created 26/08/2003Registered 03/09/2003Satisfied 07/07/2009
charge
satisfied

LLOYDS TSB BANK PLC

Created 04/07/2003Registered 05/07/2003Satisfied 07/07/2009

CompanyRankvs 996+ SIC 25990 peers
73

Financial strength91th percentile among SIC peers · 23/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.83× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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996Metal Developments Limited
79
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.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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 30/04/2025

Net Worth

£1.6M

Balance sheet strength

Cash

£571k

Cash in the bank

Net Current Assets

£570k

Working capital

Current Assets

£1.3M

Current Liabilities

£686k

Fixed Assets

£1.6M

Debtors

£278k

29avg. employees-12

Balance Sheet

Bank loans & overdrafts£99k
Assets less current liabilities£2.1M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20251.83+£172k
20241.64-£167k
20231.77+£27k
20221.83+£225k
20212.23—

Derived from filed accounts. Not audited figures.