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Metalwork Systems Limited

07265820

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
55 / 100

Notable Risks

25/30
Filing
10/30
Financial
20/40
Risk
  • No accounts filed in last 18 months (-5)
  • Active insolvency proceedings (-20)

Details

UNITS 21-24 PREMIER MILL, DARWEN, BB3 2DP
Incorporated 26/05/2010

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 26/05/2025

Due 09/06/2026

Overdue

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Paul Robert Longworth

director · Since 01/06/2010

ENGINEER

BRITISH · ENGLAND · Age 61

Also on 1 other board

Mr Stephen West

director · Since 01/11/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 10 other boards

Mr Philip Mulrooney

director · Since 01/11/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 1 other board

Mr Stuart Morgan

director · Since 01/11/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 63

Persons with Significant Control

Mr Paul Robert Longworth

25–50% shares
25–50% votes

British · England · Age 61

Adcroft Hilton Limited 269, Church Street, Blackpool, FY1 3PB

Notified 07/10/2016

Insolvency History1 case

creditors voluntary liquidation09/06/2026

Jane Madeleine Laura Hardy (practitioner) · Rosalind Mary Hilton (practitioner)

CompanyRankvs 3434+ SIC 25990 peers
47

Financial strength60th percentile among SIC peers · 15/25
Employees81th percentile among SIC peers · 12/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength15/25 pts

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

Employees12/15 pts

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

Liquidity0/20 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£88k

Balance sheet strength

Cash

£49k

Cash in the bank

Net Current Assets

£77k

Working capital

Current Assets

£240k

Current Liabilities

Fixed Assets

£30k

Debtors

£126k

12avg. employees

Balance Sheet

Assets less current liabilities£107k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
2024-£4k
20231.61

Derived from filed accounts. Not audited figures.