Spin Mining And Metals Limited
12382900
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Previously known as
Compliance
Last accounts
31/12/2024
unaudited abridged
Next accounts due
30/09/2026
Confirmation statement
Last: 16/01/2026
Due 30/01/2027
Industry
Officers
Former
director · Resigned 05/02/2024
director · Resigned 19/12/2025
Persons with Significant Control
Mr Gerald Brian Paterson
British · Scotland · Age 58
2/3, 48 West George Street, Glasgow, G2 1BP
Notified 02/01/2020
Change History
Active
Private Limited Company
2 FREDERICK STREET
LONDON
CompanyRankvs 194+ SIC 07290 peers36
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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.
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
-£35k
Balance sheet strength
Cash
£1
Cash in the bank
Net Current Assets
-£17k
Working capital
Current Assets
£70k
Current Liabilities
£87k
Fixed Assets
£1
Debtors
£70k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.80 | -£2k |
| 2023 | 0.80 | — |
Derived from filed accounts. Not audited figures.