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Spacemate Material Handling Limited

09430325

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

C/O MENZIES LLP ONE EXPRESS, MANCHESTER, M4 5DL
Incorporated 09/02/2015

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 09/02/2026

Due 23/02/2027

On track

Industry

28220
Manufacture of lifting and handling equipment

Officers

Mr Simon Mark Brown

director · Since 09/02/2015

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 6 other boards

Mrs Victoria Elizabeth Brown

director · Since 03/03/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 46

Persons with Significant Control

Mr Peter William Andrews

25–50% shares
25–50% votes

British · England · Age 62

C/O Norton Hydraulics (Midland) Ltd, 74 Albert Road, Birmingham, B33 9BJ

Notified 05/12/2023

Former PSCs

Mr Paul David Overfield

Ceased 05/03/2020

Mr Simon Mark Brown

Ceased 05/03/2020

Mr Paul Edward Berrow

Ceased 04/07/2017

Mr Paul Edward Berrow

Ceased 31/10/2019

CompanyRankvs 550+ SIC 28220 peers
39

Financial strength2th percentile among SIC peers · 1/25
Employees42th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.5× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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550Spacemate Material Handling Limited
35
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.

Employees6/15 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.

Longevity11/15 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 31/03/2025

Net Worth

-£46k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£46k

Working capital

Current Assets

£48k

Current Liabilities

£96k

Fixed Assets

£8k

2avg. employees

Balance Sheet

Assets less current liabilities-£39k
Signed by 09430325 2024-04-01 2025-03-31 09430325 2025-03-31 09430325 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.50+£0
20250.50-£37k
20240.77-£10k
20230.97-£21k
20221.16+£16k
20211.00-£5k
20201.01+£10k
20190.80—

Derived from filed accounts. Not audited figures.