Company Overview
Spearhead Machinery Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 04 November 1988, so this is a well established company. Spearhead Machinery Limited has been in business for 37 years and 5 months. The accounts status is full and the accounts are next due on Wednesday 30 September 2026.
Registered Address

Station Road, Salford Priors, Evesham, Worcestershire, WR11 8SW
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Companies House Data
Company NameSPEARHEAD MACHINERY LIMITED
Company Number02312982
Registered Office AddressStation Road
 Salford Priors
 WR11 8SW
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date04/11/1988
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategoryFULL
Returns Next Due Date11/05/2017
Returns Last Made Up Date13/04/2016
Directors & Members
Show Resigned
Damien Cleugh - Director
(British, 50 years old, born November 1976)
Appointed 31 March 2025
Active
Wayne Hemingway - Director
(British, 52 years old, born August 1974)
Appointed 01 February 2022
Active
Richard Raborn - Director
(American, 60 years old, born January 1966)
Appointed 25 October 2019
Active
Secretaries
Show Resigned
Wayne Hemingway - Secretary
Appointed 01 February 2022
Active
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Balance Sheet
Fixed Assets 49 49 89
Current Assets 16,472 16,472 6,238
Creditors Due Within One Year 12,454 12,454 3,409
Working Cap 4,018 4,018 2,829
Total Assets Less Current Liabilities 4,067 4,067 2,918
Long-term Liabilities 4,067 4,067 2,918
Net Assets 0 0 0
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 0 0 0
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Tangible Fixed Assets - - -
Fixed Assets 0.3% 0.3% 1.4%
Stocks Inventory - - -
Debtors 94.5% 94.5% 75.5%
Cash Bank In Hand 5.2% 5.2% 23.1%
Current Assets 99.7% 99.7% 98.6%
Creditors Due Within One Year 75.4% 75.4% 53.9%
Net Current Assets Liabilities 24.3% 24.3% 44.7%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 0.0% 0.0% 0.0%
Capital Employed - - -
Total Assets Less Current Liabilities 24.6% 24.6% 46.1%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Liquidity Ratio 1.3 1.3 1.8
Solvency Ratio 1.0 1.0 1.0
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 5
Mortgages Outstanding 4
Mortgages Part Satisfied 0
Mortgages Satisfied 1
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Assets 16,521 16,521 6,327
Debt 16,521 16,521 6,327
Net Assets/Debt 0 0 0

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is nil. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is nil. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is nil. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Confirmation statement made on 13 April 2026 with no updates
Confirmation statement made on 13 April 2025 with no updates
Appointment of Dr Damien Cleugh as a director on 31 March 2025
Termination of appointment of Christian John Lee Davies as a director on 31 March 2025
Confirmation statement made on 13 April 2024 with no updates
Registration of charge 023129820005, created on 13 October 2023
Confirmation statement made on 13 April 2023 with no updates
Confirmation statement made on 13 April 2022 with no updates
Termination of appointment of Edward Timothy Madden as a director on 19 January 2022
Appointment of Mr Wayne Stephen Hemingway as a secretary on 1 February 2022
Termination of appointment of Edward Timothy Madden as a secretary on 19 January 2022
Appointment of Mr Wayne Stephen Hemingway as a director on 1 February 2022
Resolutions
Resolutions
Confirmation statement made on 13 April 2021 with no updates
Satisfaction of charge 1 in full
Confirmation statement made on 13 April 2020 with no updates
Appointment of Mr Richard Hodges Raborn as a director on 25 October 2019
Appointment of Mr Christian John Lee Davies as a director on 25 October 2019

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