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Ad Metalwork Solutions Ltd

10117241

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

UNIT J10, DUDLEY CENTRAL TRADING ESTATE, DUDLEY, DY2 8QX
Incorporated 11/04/2016

Compliance

Last accounts

30/04/2025

micro entity

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 02/10/2025

Due 16/10/2026

On track

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Mr David Charles Nicholls

director · Since 11/04/2016

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 1 other board

Mr David William Read

secretary · Since 16/09/2017

Also on 4 other boards

Mr David William Read

director · Since 03/10/2019

ACCOUNTANT

BRITISH · ENGLAND · Age 79

Also on 4 other boards

Persons with Significant Control

Mr David William Read

25–50% shares

British · England · Age 79

Unit J10, Dudley Central Trading Estate, Shaw Road, Dudley, DY2 8QX

Notified 05/10/2022

Mr David Charles Nicholls

25–50% shares

British · England · Age 49

Unit J10, Dudley Central Trading Estate, Shaw Road, Dudley, DY2 8QX

Notified 05/10/2022

CompanyRankvs 2760+ SIC 25110 peers
44

Financial strength7th percentile among SIC peers · 2/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.65× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 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.

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.

Longevity10/15 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 30/04/2025

Turnover

£159k

Annual revenue

Net Worth

-£19k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£24k

Working capital

Current Assets

£44k

Current Liabilities

£68k

Fixed Assets

£41k

Profit After Tax

-£18k

6avg. employees

Balance Sheet

Depreciation£0
Assets less current liabilities£17k
Signed by 1.5.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20250.65-£293k
20240.46+£263k
20231.50+£0
20221.59+£0
20212.12+£0
20201.59+£5k
20191.26
20182.83

Derived from filed accounts. Not audited figures.