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Leemark Spinnings Limited

07180618

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
46 / 100

Notable Risks

30/30
Filing
0/30
Financial
16/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Active insolvency proceedings (-20)
  • 2 outstanding charges (-4)

Details

UNIT 1 CASTLE COURT 2, DUDLEY, DY1 4RH
Incorporated 06/03/2010

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 06/03/2026

Due 20/03/2027

On track

Industry

25620
Machining

Officers

Mr Lee Barry Sheppard

secretary · Since 06/03/2010

Also on 12 other boards

Mr Lee Barry Sheppard

director · Since 06/03/2010

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 12 other boards

Mr Mark Andrew Sheppard

director · Since 06/03/2010

DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Also on 6 other boards

Persons with Significant Control

Mr Lee Barry Sheppard

25–50% shares
25–50% votes

British · United Kingdom · Age 63

18, Midland Drive, Sutton Coldfield, B72 1TU

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

ALDERMORE BANK PLC

Created 14/12/2016Registered 14/12/2016
charge
outstanding

ABSOLUTE INVOICE FINANCE, A DIVISION OF ALDERMORE BANK PLC

Created 18/05/2010Registered 21/05/2010

Insolvency History1 case

creditors voluntary liquidation21/04/2026

David Craig Griffiths (practitioner) · Margaret Carter (practitioner)

CompanyRankvs 1998+ SIC 25620 peers
18

Financial strength4th percentile among SIC peers · 1/25
Employees7th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.89× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees1/15 pts

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

Liquidity6/20 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

Insolvency history: -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

-£40k

Balance sheet strength

Cash

£76k

Cash in the bank

Net Current Assets

-£58k

Working capital

Current Assets

£462k

Current Liabilities

£520k

Fixed Assets

£18k

Debtors

£271k

0avg. employees-14

Balance Sheet

Assets less current liabilities-£40k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.89-£44k
20241.00+£2k
20231.08

Derived from filed accounts. Not audited figures.