Spiro-Gills Thermal Products Ltd
10349918
Some Concerns
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Previously known as
Compliance
Last accounts
31/12/2024
small
Next accounts due
30/09/2026
Confirmation statement
Last: 26/08/2025
Due 09/09/2026
Industry
Officers
Former
secretary · Resigned 31/12/2018
secretary · Resigned 24/11/2020
director · Resigned 28/03/2024
secretary · Resigned 31/07/2024
director · Resigned 22/05/2026
Persons with Significant Control
Diesel Marine International Limited
West Chirton Industrial Estate, Gloucester Road, North Shields, NE29 8RQ
Reg: 04229349 · United Kingdom · United Kingdom
Notified 27/08/2016
Charges1 outstanding
LLOYDS BANK COMMERCIAL FINANCE LIMITED
BANK OF SCOTLAND PLC
GENESIS ASSET FINANCE LIMITED
Change History
Active
Private Limited Company
UNIT 5
STAFFORD
CompanyRankvs 1491+ SIC 28990 peers32
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
the directors are aware of certain material uncertainties which may cause doubt on the company's ability to continue as a going concern. As shown in the P&L on page 16, the company has a reported profit of £725,462. (2023: loss £69,995) for the year ended 31 December 2024. Currently liabilities exceed current assets by £162,462 (
Key FinancialsYear ending 31/12/2024
Net Worth
-£162k
Balance sheet strength
Cash
£79k
Cash in the bank
Net Current Assets
£54k
Working capital
Current Assets
£1.3M
Current Liabilities
£1.2M
Fixed Assets
£79k
Debtors
£618k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.04 | +£687k |
| 2023 | 0.71 | -£70k |
| 2022 | 0.82 | +£32k |
| 2021 | 0.72 | -£428k |
| 2020 | 0.99 | -£355k |
| 2018 | 1.37 | — |
Derived from filed accounts. Not audited figures.