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Colorworld Limited

00912819

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

UNIT 2, NORTH SHIELDS, NE29 8RD
Incorporated 09/08/1967

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74209
Other photographic activities

Officers

Mr Michael Ian Brydon

director · Since 01/07/2007

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 6 other boards

Mrs Jill Steven Fountain

director · Since 01/04/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 2 other boards

Mr Calum Thomson

director · Since 01/04/2022

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 2 other boards

Persons with Significant Control

Digitalab Holdings Ltd

75–100% shares

Bermuda House, 1a Dinsdale Place, Newcastle Upon Tyne, NE2 1BD

Reg: 13872056 · Companies House · Limited Company

Notified 01/04/2022

Former PSCs

Mr Alexander James Brydon

Ceased 01/04/2022

Mr Michael Ian Brydon

Ceased 01/04/2022

Digital Color Labs Limited

Ceased 26/08/2022

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 21/06/2006Registered 12/07/2006
charge
satisfied

LLOYDS BANK PLC

Created 23/09/1997Registered 26/09/1997Satisfied 22/03/2006
charge
satisfied

LLOYDS BANK PLC

Created 30/04/1996Registered 08/05/1996Satisfied 22/03/2006
charge
satisfied

LLOYDS BANK PLC

Created 22/08/1979Registered 10/09/1979Satisfied 22/03/2006
charge
satisfied

LLOYDS BANK PLC

Created 15/11/1976Registered 25/11/1976Satisfied 22/03/2006
charge
satisfied

LLOYDS BANK PLC

Created 27/01/1975Registered 07/02/1975Satisfied 22/03/2006
charge
satisfied

LLOYDS BANK PLC

Created 18/06/1974Registered 25/06/1974Satisfied 22/03/2006

CompanyRankvs 4143+ SIC 74209 peers
25

Financial strength2th percentile among SIC peers · 1/25
Employees11th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.26× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees2/15 pts

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

Liquidity2/20 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

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

Key FinancialsYear ending 31/03/2025

Net Worth

-£76k

Balance sheet strength

Cash

£27k

Cash in the bank

Net Current Assets

-£76k

Working capital

Current Assets

£27k

Current Liabilities

£103k

Profit After Tax

£614

0avg. employees

Balance Sheet

Assets less current liabilities-£76k
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20250.26+£1k
20230.75-£252k
20221.31-£7k
20211.76-£48k
20200.88-£153k
20171.14

Derived from filed accounts. Not audited figures.