{"name":"SERRATIONS LIMITED","company_number":"03953139","status":"Active","type":"Private Limited Company","incorporated":"2000-03-21","dissolved":null,"registered_office":"Unit 100 Steamboat Way, Castleford, West Yorkshire, England, WF10 5XY","postcode":"WF10 5XY","sic_codes":[{"code":32500,"description":"Manufacture of medical and dental instruments and supplies"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Unaudited Abridged","year_end":"31 December","last_made_up_to":"2025-12-31","next_due":"2027-09-30"},"employees":{"count":13,"accounts_date":"2025-12-31"},"financials":[{"financial_date":"2025-12-31","net_assets":592933,"cash":309851,"average_employees":13},{"financial_date":"2025-04-30","net_assets":663179,"cash":216492,"average_employees":13},{"financial_date":"2024-04-30","net_assets":724836,"cash":106437,"average_employees":12},{"financial_date":"2023-04-30","net_assets":770122,"cash":78641},{"financial_date":"2022-04-30","net_assets":770958,"cash":93082}],"officers":{"current":4,"resigned":5,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Serrations Limited is a financially robust, cash-rich and virtually debt-free specialist manufacturer with a B‑ health grade — its balance sheet is strong, but its reserves have fallen roughly 34% since 2021 and the latest eight-month period shows a loss of about £70,000, with rising cash masking the decline through stretched creditors and a large build in stock. The company is in no immediate danger thanks to £310k of cash and a current ratio of 3.93, but the persistent erosion of net assets is a chronic condition that must be diagnosed and treated now while the business remains strong. Priority actions are to obtain proper management accounts, explain the £300k fall in fixed assets, review stock and creditor levels, and confirm whether the decline reflects trading losses or unsustainable dividends.","website":"https://serrations.com/","links":{"page":"https://www.companiesintheuk.co.uk/ltd/serrations","people":"https://www.companiesintheuk.co.uk/company/serrations/people","filing_history":"https://www.companiesintheuk.co.uk/company/serrations/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/03953139","financials":"https://www.companiesintheuk.co.uk/company/serrations/financial","control":"https://www.companiesintheuk.co.uk/company/serrations/control","ai_analysis":"https://www.companiesintheuk.co.uk/company/serrations/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/serrations"}