Back to search

Warsett Ltd

06226181

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

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

Details

ROOM 103 THE INNOVATION CENTRE, REDCAR, TS10 5SH
Incorporated 25/04/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43390
Other building completion and finishing

Officers

Mr Ian Winspear

secretary · Since 25/04/2007

ELECTRICIAN

BRITISH · ENGLAND · Age 56

Also on 6 other boards

Mr Ian Winspear

director · Since 25/04/2007

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 6 other boards

Mr Steven Robert Hetherington

director · Since 11/06/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 57

Persons with Significant Control

Mr Ian Winspear

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

British · United Kingdom · Age 56

Room 103, The Innovation Centre, Redcar, TS10 5SH

Notified 24/04/2017

Former PSCs

Mr Simon Russell Lee Mcauley

Ceased 12/06/2020

Charges1 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 30/01/2025Registered 03/02/2025
Charge
satisfied

BIBBY FINANCIAL SERVICES LIMITED (AS SECURITY TRUSTEE)

Created 18/06/2013Registered 21/06/2013Satisfied 04/12/2013

CompanyRankvs 1880+ SIC 43390 peers
71

Financial strength97th percentile among SIC peers · 24/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.11× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength24/25 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 28/02/2025

Net Worth

£602k

Balance sheet strength

Cash

£219k

Cash in the bank

Net Current Assets

£114k

Working capital

Current Assets

£1.2M

Current Liabilities

£1.1M

Fixed Assets

£693k

Debtors

£547k

60avg. employees+10

Tax at Year End(2020)

Dividends paid-£42k

Balance Sheet

Assets less current liabilities£807k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.11+£98k
20241.23+£100k
20231.23+£233k
20221.34+£76k
20211.12-£44k
20201.23+£58k
20191.15

Derived from filed accounts. Not audited figures.