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Cole Ironcraft Limited

00723575

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
64 / 100

Some Concerns

30/30
Filing
20/30
Financial
14/40
Risk
  • Active insolvency proceedings (-20)
  • 3 outstanding charges (-6)

Details

PIVINGTON MILL PIVINGTON LANE, ASHFORD, TN27 0PG
Incorporated 09/05/1962

Compliance

Last accounts

30/04/2025

total exemption full

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 14/09/2025

Due 28/09/2026

On track

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr David Richardson

secretary · Since 26/04/2010

Also on 2 other boards

Mr David Richardson

director · Since 26/04/2010

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 75

Also on 2 other boards

Mr Matthew David Richardson

director · Since 26/04/2010

CONTRACTS DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 1 other board

Persons with Significant Control

Richardson Assets Limited

75–100% shares
75–100% votes
Appoint directors

Henwood House, Henwood, Ashford, TN24 8DH

Reg: 16404995 · Register Of Companies · Limited Company

Notified 03/07/2025

Former PSCs

Mr David Richardson

Ceased 03/07/2025

Charges3 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 31/07/2025Registered 01/08/2025
Charge
outstanding

LLOYDS BANK PLC

Created 31/07/2025Registered 01/08/2025
Charge
outstanding

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 28/07/2023Registered 28/07/2023
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 10/01/2017Registered 11/01/2017Satisfied 28/05/2026
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 07/07/2006Registered 15/07/2006Satisfied 28/05/2026

Insolvency History1 case

corporate voluntary arrangement

Francis Gavin Savage (practitioner) · Bai Cham (practitioner)

CompanyRankvs 1056+ SIC 25990 peers
62

Financial strength89th percentile among SIC peers · 22/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.62× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength22/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/04/2025

Net Worth

£1.3M

Balance sheet strength

Cash

£60k

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£3.4M

Current Liabilities

£2.1M

Fixed Assets

£168k

Debtors

£3.2M

42avg. employees

Tax at Year End

Corp tax£114k

Balance Sheet

Bank loans & overdrafts£137k
Assets less current liabilities£1.5M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20251.62+£265k
20241.74-£145k
20232.02

Derived from filed accounts. Not audited figures.