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Spinnwood Limited

08290738

active
Private Limited Company
england wales
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)
  • Negative net worth (-10)

Details

CAPITAL HOUSE MANCHESTER ROAD, MANCHESTER, M43 6PW
Incorporated 12/11/2012

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 12/11/2025

Due 26/11/2026

On track

Industry

46420
Wholesale of clothing and footwear
47910
Retail sale via mail order houses or via Internet

Officers

Mr Jie Xin

director · Since 12/11/2012

COMPANY DIRECTOR

CHINESE · UNITED KINGDOM · Age 46

Persons with Significant Control

Mr Jie Xin

75–100% shares

Chinese · United Kingdom · Age 46

Capital House, Manchester Road, Manchester, M43 6PW

Notified 06/04/2016

CompanyRankvs 4823+ SIC 46420 peers
43

Financial strength3th percentile among SIC peers · 1/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.18× · 2/20
Longevity14 years trading (max 15) · 14/15
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.

Employees11/15 pts

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

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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 30/11/2024

Net Worth

-£192k

Balance sheet strength

Cash

£20k

Cash in the bank

Net Current Assets

-£193k

Working capital

Current Assets

£42k

Current Liabilities

£236k

Fixed Assets

£2k

Debtors

£5k

2avg. employees

Balance Sheet

Assets less current liabilities-£192k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.18-£5k
20230.15-£11k
20220.19-£27k
20210.27+£3k
20200.25-£15k
20190.28-£53k
20180.50

Derived from filed accounts. Not audited figures.