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In A Spin Laundry Engineers Limited

11117518

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

LONG ACRE FIR COVERT ROAD, NORWICH, NR8 6HT
Incorporated 19/12/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Mr Richard Charles Welton

director · Since 28/02/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 66

Persons with Significant Control

Mr Richard Charles Welton

Significant control

English · England · Age 66

6 Peddars Way, Thorpe Mariot, Taverham, Norwich, NR8 6UN

Notified 19/12/2017

CompanyRankvs 12931+ SIC 96090 peers
73

Financial strength95th percentile among SIC peers · 24/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 4.05× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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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.

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity8/15 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 31/12/2024

Net Worth

£405k

Balance sheet strength

Cash

£348k

Cash in the bank

Net Current Assets

£314k

Working capital

Current Assets

£418k

Current Liabilities

£103k

Fixed Assets

£91k

Debtors

£44k

1avg. employees

Balance Sheet

Assets less current liabilities£405k
Signed by 1.1.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20244.05+£77k
20234.09+£65k
202211.01+£3k
20217.52+£67k
20206.39+£67k
20191.86+£73k
20181.33

Derived from filed accounts. Not audited figures.