Met Structures Limited
10735398
Healthy
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 21/04/2017
DIRECTOR
BRITISH · WALES · Age 57
Also on 34 other boards
director · Since 29/09/2017
DIRECTOR
BRITISH · ENGLAND · Age 48
Also on 15 other boards
director · Since 29/09/2019
MANAGING DIRECTOR
BRITISH · UNITED KINGDOM · Age 48
Also on 3 other boards
director · Since 30/11/2019
DIRECTOR
BRITISH · UNITED KINGDOM · Age 56
Also on 9 other boards
Persons with Significant Control
Kenai Holdings Limited
Millennium House, Newhouse Farm Industrial Estate, Chepstow, NP16 6UN
Reg: 08727492 · England & Wales · Limited
Notified 21/12/2022
Chieftan Properties Limited
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 peers52
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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
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
Tax at Year End(2024)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.32 | +£285k |
| 2024 | 1.21 | +£224k |
| 2023 | 1.09 | +£318k |
| 2022 | 1.05 | +£1.0M |
| 2021 | 0.85 | +£581k |
| 2020 | 0.65 | — |
| 2019 | 0.79 | — |
Derived from filed accounts. Not audited figures.