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Bridge Aluminium Limited

09907672

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

365 FOSSE WAY, LEICESTER, LE7 1NL
Incorporated 08/12/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

24530
Casting of light metals
24540
Casting of other non-ferrous metals

Officers

Mr Jonathan Cooper

director · Since 20/12/2019

TECHNICAL DIRECTOR

BRITISH · ENGLAND · Age 51

Mr Christopher Richard Francis Shield

director · Since 20/12/2019

MANAGEMENT

BRITISH · ENGLAND · Age 48

Also on 42 other boards

Mr Stephen Keith Wood

director · Since 21/09/2020

NONE

BRITISH · ENGLAND · Age 49

Also on 2 other boards

Persons with Significant Control

G W Atkins And Sons Holdings Limited

75–100% shares
75–100% votes
Appoint directors

Third Floor, Two, Colton Square, Leicester, LE1 1QH

Reg: 10326837 · Companies House · Private Company Limited By Shares

Notified 01/08/2022

Former PSCs

Mr. Sanjeev Gupta

Ceased 20/12/2019

Liberty Advanced Engineering Products Pte Ltd

Ceased 01/10/2016

G W Atkins & Sons Limited

Ceased 01/08/2022

Charges2 outstanding

Charge
outstanding

RBS INVOICE FINANCE LTD

Created 28/09/2023Registered 03/10/2023
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 29/08/2023Registered 18/09/2023
Charge
satisfied

BARCLAYS BANK PLC

Created 18/10/2019Registered 21/10/2019Satisfied 19/09/2023
Charge
satisfied

METRO BANK PLC

Created 29/08/2017Registered 31/08/2017Satisfied 09/06/2023
Charge
satisfied

LLOYDS BANK PLC (THE "BANK")

Created 01/12/2016Registered 06/12/2016Satisfied 02/11/2019

CompanyRankvs 33+ SIC 24530 peers
55

Financial strength89th percentile among SIC peers · 22/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.06× · 12/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength22/25 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.

Liquidity12/20 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/10/2024

Turnover

£21.4M

Annual revenue

Net Worth

£3.9M

Balance sheet strength

Cash

£462k

Cash in the bank

Profit Before Tax

£616k

Bottom line earnings

Net Current Assets

£446k

Working capital

Current Assets

£7.5M

Current Liabilities

£7.1M

Fixed Assets

£4.2M

Debtors

£3.7M

Cost of Sales

£18.3M

Gross Profit

£3.1M

Admin Expenses

£2.6M

Operating Profit

£752k

Profit After Tax

£490k

211avg. employees-10

Tax at Year End

Corp tax£117k

People Costs

Wages & salaries£6.2M
NI contributions£620k

Balance Sheet

Intangible assets£312k
Assets less current liabilities£4.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.06+£490k
20230.95+£1.0M
20220.80+£1.2M£8.0M
20211.36+£822k
20201.07+£202k£4.1M
20200.99£2.3M

Derived from filed accounts. Not audited figures.