HANSON SPRINGS LIMITED, OL11 2PX : Companies House Number 00911606

Executive summary

Hanson Springs Limited is a well-established manufacturing business demonstrating strong financial improvement over the past four years, with net assets growing from £2.75M to £11.01M and consistent profitability throughout. The recent property sale and debt repayment have meaningfully improved leverage, and management has shown disciplined capital allocation through conservative dividend payouts. The conditional rating reflects the need for visibility on related party property arrangements and the inherent cyclicality of oil and gas sector exposure, but the overall credit trajectory is positive and supports lending subject to appropriate covenants.

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Shareholders' funds

£11,014,869

Balance sheet as at 2024-11-30

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Overview

Company type: Private Limited Company
Incorporated: 1967-07-26
Employees: 219 (2024 accounts · was 227 in 2023)
Registered office: Hanson Place, Gorrells Way, Rochdale, Lancashire, OL11 2PX
Postcode: OL11 2PX
Capital: 650 GBP
Accounts category: Full
Charges: 4 outstanding

Accounts

Last made up to: 2024-11-30
Next due by: 2026-08-31
Financial year end: 30 November

Confirmation statement

Last statement dated: 2025-11-15
Next due by: 2026-11-29

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Nature of business (SIC)

25930 Manufacture of wire products, chain and springs
25990 Manufacture of other fabricated metal products not elsewhere classified

Officers 5 current · 12 resigned

Lisa HANSON Director

Appointed 1998-06-09

MRS Maureen HANSON Director

Appointed 1996-05-01

Roy FOX Director

Appointed 1995-08-01

John HANSON Director

Appointed 1995-08-01

MR Malcolm HANSON Director

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Contact details

Website: http://www.hanson-springs.co.uk

Previous company names

Name	Date changed
HANSON'S SPRINGS LIMITED	1980-12-31

Previous registered addresses 4

Address	Changed on
HALFPENNY BRIDGE WORKS LINCOLN STREET, ROCHDALE, LANCASHIRE, OL11 1NP	2014-07-08
HALFPENNY BRIDGE WORKS, LINCOLN STREET, ROCHDALE, GREATER MANCHESTER, OL11 1NP	2013-11-28
UNIT 5 2A CROMPTON STREET, CROMPTON MEWS, BURY, LANCASHIRE BL9 0AD	2003-07-29
HALFPENNY BRIDGE WORKS, LINCOLN STREET, ROCHDALE, OL11 1NP	2003-07-15

Among its peers

Top 25%

by shareholders' funds, of 8 similar companies in OL

The largest employer among its local peers (219 staff).

2nd oldest of its local peers, trading since 1967.

Competitors Oldham

2. UNITED SPRINGS LIMITED

£4,894,138
3. LEE SPRING LIMITED

£1,823,549
4. C. NORRIS (SPRING SPECIALISTS) LIMITED

£1,312,287
5. HILSON FILTRATION PRODUCTS LTD

£448,510
6. A M P WIRE LIMITED

£205,842

This company ranks 1 among manufacture of wire products, chain and springs in Oldham.

Full league table →

Property in England & Wales 1 title

Leasehold: 1
Most recent registration: 2008-10-08
Where: Greater Manchester

Title number	County	Tenure	Registered	Price paid
MAN127743	Greater Manchester	Leasehold	2008-10-08	—

For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).