Back to search

Met Structures Limited

10735398

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

MILLENNIUM HOUSE SEVERN LINK DISTRIBUTION CENTRE, CHEPSTOW, NP16 6UN
Incorporated 21/04/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41201
Construction of commercial buildings

Officers

Mr Matthew William Smith

director · Since 21/04/2017

DIRECTOR

BRITISH · WALES · Age 57

Also on 34 other boards

Mr Neil Robert Beatson Ba Aca

director · Since 29/09/2017

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 15 other boards

Mr David Frederick Managh

director · Since 29/09/2019

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 3 other boards

Mr Ian Robert Samuel Cochrane

director · Since 30/11/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 9 other boards

Persons with Significant Control

Kenai Holdings Limited

25–50% shares
25–50% votes

Millennium House, Newhouse Farm Industrial Estate, Chepstow, NP16 6UN

Reg: 08727492 · England & Wales · Limited

Notified 21/12/2022

Chieftan Properties Limited

25–50% shares
25–50% votes

10, Craigavon Road, Omagh, BT78 2BN

Reg: Ni054993 · Registrar Of Companies For Northern Ireland · Private Limited Company

Notified 01/04/2025

Former PSCs

Mr Matthew William Smith

Ceased 01/04/2025

Studwelders Holdings Limited

Ceased 21/12/2022

Mr Ian Robert Samuel Cochrane

Ceased 01/04/2025

Chieftan Homes (Irl) Limited

Ceased 01/04/2025

CompanyRankvs 8210+ SIC 41201 peers
52

Financial strength96th percentile among SIC peers · 24/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.32× · 12/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees2/15 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.

Longevity9/15 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

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

Key FinancialsYear ending 31/03/2025

Net Worth

£1.5M

Balance sheet strength

Cash

£1.3M

Cash in the bank

Profit Before Tax

£76k

Bottom line earnings

Net Current Assets

£1.2M

Working capital

Current Assets

£5.0M

Current Liabilities

£3.8M

Fixed Assets

£296k

Debtors

£3.6M

Admin Expenses

£3.6M

Profit After Tax

£285k

0avg. employees-37

Tax at Year End(2024)

Corp tax£0

People Costs

Wages & salaries£2.0M

Balance Sheet

Intangible assets£45k
Assets less current liabilities£1.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.32+£285k
20241.21+£224k
20231.09+£318k
20221.05+£1.0M
20210.85+£581k
20200.65
20190.79

Derived from filed accounts. Not audited figures.