Spinners Plymouth Limited
14201517
Some Concerns
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/07/2025
total exemption full
Next accounts due
30/04/2027
Confirmation statement
Last: 09/01/2026
Due 23/01/2027
Industry
Officers
director · Since 28/06/2022
ENTREPRENEUR
ENGLISH · ENGLAND · Age 34
Also on 7 other boards
secretary · Since 28/06/2022
Former
corporate director · Resigned 11/01/2023
Persons with Significant Control
Mr Jamie Alexander Bylett
English · England · Age 34
Venture House, Downshire Way, Bracknell, RG12 1WA
Notified 28/06/2022
Spinners Group Limited
27, Old Gloucester Street, London, WC1N 3AX
Reg: 13966525 · United Kingdom · Company
Notified 28/06/2022
Charges1 outstanding
HSBC UK BANK PLC
Change History
Active
Private Limited Company
VENTURE HOUSE
BRACKNELL
CompanyRankvs 20528+ SIC 56302 peers12
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
ate, including £1,008,340 owed to its parent company. These conditions indicate the existence of a material uncertainty which may cast significant doubt on the Company's ability to continue as a going concern. The Company's parent, Spinners Group Limited, has indicated that it does not intend to seek repayment of intercompany balances for a period of not less than twelve months from the date
Key FinancialsYear ending 31/07/2025
Net Worth
-£608k
Balance sheet strength
Cash
£16k
Cash in the bank
Net Current Assets
-£1.3M
Working capital
Current Assets
£173k
Current Liabilities
£1.5M
Fixed Assets
£812k
Debtors
£148k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.12 | -£273k |
| 2024 | 0.16 | -£270k |
| 2023 | 0.77 | — |
Derived from filed accounts. Not audited figures.