SPRINGMASTERS LIMITED

ARTHUR ST, REDDITCH, B98 8LF

Company Number: 00897155
Incorporation date: 01-Feb-1967
Status: Active
Entity type: Private Limited Company

SIC codes:
25930 Manufacture of wire products, chain and springs





SUMMARY

This company is 57.2 years old and is currently active. It is controlled by Mr Ian Roderick Whitehead. The company has positive equity (net assets) of GBP 13.4 million which has increased from GBP 12.5 million in the previous year. The company has 3 active officers (directors or partners) who are or were officers of 4 other companies. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 28-Feb-2025
Accounts Filed: MEDIUM (31-May-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-May-2023 GBP 900,265
31-May-2022 GBP 198,650
31-May-2021 GBP 1,313,276
31-May-2020 GBP 3,660,576
31-May-2019 GBP 686,242
31-May-2018 GBP
31-May-2017 GBP


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-May-2023 GBP 1,463,888 11,017,547 4,778,993 6,311 13,018,477 13,358,196
31-May-2022 GBP 2,920,824 9,982,598 4,711,496 6,311 12,115,680 12,457,931
31-May-2021 GBP 3,938,559 9,823,656 4,012,010 6,311 12,737,153 13,256,419
31-May-2020 GBP 3,318,124 9,460,449 3,825,613 6,311 11,428,822 11,943,143
31-May-2019 GBP 2,379,481 9,152,390 6,604,050 6,311 3,689 8,476,340 8,776,851
31-May-2018 GBP 5,901,277 8,473,186 6,434,874 6,311 3,689 7,796,338 8,098,945
31-May-2017 GBP 6,032,444 8,505,267 6,137,569 6,311 3,689 7,008,803 7,313,507


CONSOLIDATED FINANCIALS

P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-May-2023 GBP 8,789,691 1,190,622 81,514 5,446 118,653 1,237,402
31-May-2022 GBP 8,775,760 636,756 55,424 5,000 246,284 451,665
31-May-2021 GBP 7,501,477 1,772,168 100,913 5,000 350,275 1,496,830
31-May-2020 GBP 7,505,711 971,754 103,266 5,000 218,543 871,431
31-May-2019 GBP 8,325,828 1,102,279 54,028 5,000 225,976 956,015
No P&L data available


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-May-2023 GBP 1,496,897 11,351,484 3,394,105 6,311 14,592,874 14,932,593
31-May-2022 GBP 2,947,845 10,302,484 3,655,748 6,311 13,352,940 13,695,191
31-May-2021 GBP 3,972,406 10,163,410 3,208,754 6,311 13,721,398 14,240,664
31-May-2020 GBP 3,365,862 9,739,751 3,147,208 6,311 12,229,513 12,743,834
31-May-2019 GBP 2,454,887 9,523,054 3,230,162 6,311 12,066,176 12,366,687
31-May-2018 GBP 6,311 11,116,401 11,419,008

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active Catherine Mary ROBERTS 01 Nov 1996 29 Mar 2024 5 - 0
Resigned Kevin John COLMAN 31 Oct 1996 0 - 7

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Carl David JACKSON 03 Jan 2023 Director British 1 - 00 (0.0%)
Resigned Steven David SHAW 07 Apr 2019 19 Oct 2022 Technical Director British 1 - 30 (0.0%)
Resigned John Robert HEWITT 23 May 2012 30 Nov 2020 Engineer British 0 - 20 (0.0%)
Resigned David Neil CARTWRIGHT 01 Jan 2002 04 Apr 2019 Spring Manufacture British 0 - 10 (0.0%)
Resigned Michael Charles EVANS 01 Jan 1999 28 Jun 2013 Accountant British 0 - 10 (0.0%)
Active Ian Roderick WHITEHEAD 10 Sep 1993 Technical Engineer British 5 - 00 (0.0%)
Resigned Kevin John COLMAN 31 Oct 1996 Accountant British 0 - 70 (0.0%)
Active Enid WHITEHEAD Secretary British 1 - 00 (0.0%)
Resigned Roderick Herbert WHITEHEAD 15 Feb 2011 Engineer British 0 - 50 (0.0%)
Resigned David Conway CLARKE 31 Dec 2018 Sales And Marketing British 0 - 10 (0.0%)
Number of active directors: 3
Average tenure of active directors: 10.6 years
Average tenure of resigned directors: 6.3 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
VALLEY SPRING COMPANY LIMITED(THE) (00595524) - Active
SPRINGMASTERS LIMITED (00897155) - Active
BELLEVILLE SPRINGS LIMITED (01337456) - Active
THE BELLEVILLE SPRING & DISC CO.(RICE INVESTMENTS) LTD. (02223518) - Active
SPRINGMASTERS (SCOTLAND) LIMITED (SC081565) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2016-05-092015-05-092014-05-092013-05-092012-05-09
R.H. WHITEHEAD SETTLEMENTORDINARY1,642
26.0%
1,642
26.0%
1,642
26.0%
1,642
26.0%
1,642
26.0%
E. WHITEHEAD SETTLEMENTORDINARY1,641
26.0%
1,641
26.0%
1,641
26.0%
1,641
26.0%
1,641
26.0%
I. WHITEHEADORDINARY1,514
24.0%
1,514
24.0%
1,514
24.0%
1,514
24.0%
1,514
24.0%
C.M. ROBERTSORDINARY1,514
24.0%
1,514
24.0%
1,514
24.0%
1,514
24.0%
1,514
24.0%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

SPRINGMASTERS LIMITED

no controlled companies

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 25930 Manufacture of wire products, chain and springs)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
BRAND-REX LIMITED CANNON PLACE, 78 CANNON STREET, LONDON, EC4N 6AF 02340157 2017-12-31 78,179,000 5,175,000
RENOLD POWER TRANSMISSION LIMITED TRIDENT 2 TRIDENT BUSINESS PARK, STYAL ROAD, WYTHENSHAWE, UNITED KINGDOM, M22 5XB 00182382 2018-03-31 49,822,000 3,478,000 28150-Manufacture of bearings, gears, gearing and driving elements
ZOLEND UK LTD UNIT 22 POWER STATION ROAD, BOSTON INDUSTRIAL ESTATE, RUGELEY, STAFFORDSHIRE, ENGLAND, WS15 2HS 08043228 2019-04-30 612,393 0 41100-Development of building projects
41201-Construction of commercial buildings

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
SPRINGMASTERS LIMITED 0.7% 4.1% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.4% 1.4% 2.7% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.1% 3.3% 3.3% Medium
Accounting Month 0.6% 6.1% 8.0% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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