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Splice Cast Limited

05102276

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

VERNACARE 1 WESTERN AVENUE, CHORLEY, PR7 7NB
Incorporated 15/04/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

22290
Manufacture of other plastic products

Officers

Alex Hodges

director · Since 02/12/2023

CHIEF EXECUTIVE OFFICER

AMERICAN · ENGLAND · Age 57

Also on 1 other board

Ms Nicola Spencer Morris

director · Since 02/12/2023

ACCOUNTANT

BRITISH · ENGLAND · Age 48

Persons with Significant Control

Vernacare International Limited

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

Vernacare, 1 Western Avenue, Buckshaw Village, PR7 7NB

Reg: 06449040 · Companies House · Private Limited Company

Notified 02/12/2023

Former PSCs

Mrs Ruth Margaret Morren

Ceased 02/12/2023

Mr Duncan Douglas Morren

Ceased 02/12/2023

Charges0 outstanding

Charge
satisfied

KROLL TRUSTEE SERVICES LIMITED AS SECURITY TRUSTEE FOR ITSELF AND THE OTHER SECURED PARTIES (TH

Created 28/11/2024Registered 29/11/2024Satisfied 22/08/2025

CompanyRankvs 170+ SIC 22290 peers
86

Financial strength90th percentile among SIC peers · 23/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 4.69× · 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 strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees13/15 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 31/12/2022

Net Worth

£1.9M

Balance sheet strength

Cash

£1.0M

Cash in the bank

Net Current Assets

£1.7M

Working capital

Current Assets

£2.1M

Current Liabilities

£454k

Fixed Assets

£345k

Debtors

£935k

25avg. employees-11

Tax at Year End

Corp tax£156k

Director Loans(2018)

Company owes directors£110k

Balance Sheet

Intangible assets£999
Assets less current liabilities£2.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20224.69+£678k
20212.93+£68k
20202.39+£282k
20192.15+£87k
20182.79

Derived from filed accounts. Not audited figures.