Spodden Mill Ltd
11158204
Some Concerns
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/01/2025
total exemption full
Next accounts due
31/10/2026
Confirmation statement
Last: 12/10/2025
Due 26/10/2026
Industry
Officers
Former
director · Resigned 28/10/2020
Persons with Significant Control
Mrs Sharon Cordwell
British · United Kingdom · Age 55
Silvester House, Bradshaw Street, Heywood, OL10 1PN
Notified 19/01/2018
Former PSCs
Mr Peter George Cordwell
Ceased 28/10/2020
Charges2 outstanding
REDWOOD BANK LIMITED
REDWOOD BANK LIMITED
Change History
Active
Private Limited Company
SILVESTER HOUSE BRADSHAW STREET
HEYWOOD
CompanyRankvs 24733+ SIC 68209 peers63
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/01/2025
Net Worth
£276k
Balance sheet strength
Cash
£4k
Cash in the bank
Net Current Assets
£300k
Working capital
Current Assets
£395k
Current Liabilities
£95k
Debtors
£391k
Tax at Year End
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 4.16 | -£7k |
| 2024 | 3.70 | -£6k |
| 2023 | 3.86 | -£12k |
| 2022 | 4.20 | +£31k |
| 2021 | 2.41 | — |
Derived from filed accounts. Not audited figures.