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Sherburn Metalwork Ltd

07724596

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

BRITANNIA HOUSE, DARWEN, BB3 2RB
Incorporated 01/08/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

99999
Dormant company

Officers

Mr James Stephen Hartley

director · Since 01/08/2011

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 70

Also on 21 other boards

Wayne Tierney

director · Since 23/05/2018

DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 12 other boards

Persons with Significant Control

Wec Group Holdings Limited

75–100% shares
75–100% votes

Britannia House, Junction Street, Darwen, BB3 2RB

Reg: 11324003 · Companies House · Private Limited Company

Notified 01/05/2018

Former PSCs

Burnhart Holdings Ltd

Ceased 28/03/2019

Mr Wayne Anthony Wild

Ceased 01/05/2018

Charges0 outstanding

Charge
satisfied

COMERICA BANK

Created 30/04/2024Registered 09/05/2024Satisfied 08/10/2024
Charge
satisfied

COMERICA BANK, N.A.

Created 16/06/2023Registered 20/06/2023Satisfied 08/10/2024
Charge
satisfied

LLOYDS BANK PLC

Created 19/11/2019Registered 20/11/2019Satisfied 20/08/2024
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 27/10/2015Registered 05/11/2015Satisfied 18/07/2018
charge
satisfied

WEC GROUP LIMITED

Created 02/08/2012Registered 07/08/2012Satisfied 16/05/2023

CompanyRankvs 19897+ SIC 99999 peers
52

Financial strength2th percentile among SIC peers · 1/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.93× · 6/20
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 strength1/25 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.

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.

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

Key FinancialsYear ending 31/12/2023

Net Worth

-£23k

Balance sheet strength

Cash

£112k

Cash in the bank

Net Current Assets

-£23k

Working capital

Current Assets

£317k

Current Liabilities

£340k

Fixed Assets

£0

Debtors

£205k

26avg. employees-5

Tax at Year End

Corp tax£145

Balance Sheet

Assets less current liabilities-£23k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20230.93+£87k
20220.75-£96k
20210.79-£19k
20200.78-£221k
20191.00

Derived from filed accounts. Not audited figures.