Company Overview
North East Metal Spinners Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 16 February 1990, so this is a well established company. North East Metal Spinners Limited has been in business for 36 years and 1 month. The accounts status is total exemption full and the accounts are next due on Thursday 31 December 2026.
Registered Address

42 Hutton Close, Crowther, Washington, Tyne & Wear, NE38 0AH
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Companies House Data
Company NameNORTH EAST METAL SPINNERS LIMITED
Company Number02470856
Registered Office Address42 Hutton Close
 Crowther
 NE38 0AH
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date16/02/1990
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2026
Accounts Last Made Up Date31/03/2025
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date16/03/2017
Returns Last Made Up Date16/02/2016
Previous Company NameChanged Date
PARTSCALE LIMITED08 Apr 2022
Directors & Members
Show Resigned
Charles Hepplewhite - Director
(United Kingdom, 79 years old, born August 1947)
Appointed 12 October 1992
 Active
Arnold Hipkiss - Director
(United Kingdom, 74 years old, born July 1952)
Secretaries
Show Resigned
Other Company Directorships
Charles Hepplewhite
No companies found
Arnold Hipkiss
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2023 31-Mar-2022
Balance Sheet
Fixed Assets 200,394 200,394 125,952
Current Assets 275,781 275,781 248,687
Creditors Due Within One Year 99,628 99,628 85,890
Working Cap 176,153 176,153 162,797
Total Assets Less Current Liabilities 376,547 376,547 288,749
Long-term Liabilities 245,078 245,078 201,830
Net Assets 131,469 131,469 86,919
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 131,469 131,469 86,919
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2023 31-Mar-2022
Tangible Fixed Assets - - -
Fixed Assets 42.1% 42.1% 33.6%
Stocks Inventory - - -
Debtors 28.5% 28.5% 25.7%
Cash Bank In Hand 28.5% 28.5% 39.2%
Current Assets 57.9% 57.9% 66.4%
Creditors Due Within One Year 20.9% 20.9% 22.9%
Net Current Assets Liabilities 37.0% 37.0% 43.5%
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 27.6% 27.6% 23.2%
Capital Employed - - -
Total Assets Less Current Liabilities 79.1% 79.1% 77.1%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2023 31-Mar-2022
Liquidity Ratio 2.8 2.8 2.9
Solvency Ratio 1.4 1.4 1.3
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 3
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 3
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2023 31-Mar-2022
Assets 476,175 476,175 374,639
Debt 344,706 344,706 287,720
Net Assets/Debt 131,469 131,469 86,919

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 company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

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 company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.   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 company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

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 4 January 2026 with no updates
Confirmation statement made on 4 January 2025 with no updates
Confirmation statement made on 4 January 2024 with updates
Termination of appointment of Ian Mullen as a director on 13 October 2023
Confirmation statement made on 16 February 2023 with no updates
Certificate of change of name
Confirmation statement made on 16 February 2022 with updates
Satisfaction of charge 1 in full
Satisfaction of charge 2 in full
Satisfaction of charge 3 in full
Termination of appointment of Lesley Burt as a director on 21 September 2021
Confirmation statement made on 16 February 2021 with no updates
Confirmation statement made on 16 February 2020 with no updates
Confirmation statement made on 16 February 2019 with updates
Statement of capital following an allotment of shares on 23 October 2018
Particulars of variation of rights attached to shares
Resolutions
Statement of Company's objects
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