Corrosion Technology Services Europe Limited
00922735
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
group
Next accounts due
30/09/2026
Confirmation statement
Last: 01/06/2025
Due 15/06/2026
Industry
Officers
Roderick Michael Callon
director · Since 23/03/2024
British
Puthucode Ramanathan Viswanathan
director · Since 06/12/2009
Indian
Stephen Paul Wroe
director · Since 06/12/2009
British
Former
Patricia Joy Bailey
secretary · Resigned 20/04/2006
Subramaniam Narayan
secretary · Resigned 20/06/2014
Robin Edward Bailey
director · Resigned 31/03/2007
Stephen John Barke
director · Resigned 31/03/2012
Subramaniam Narayan
director · Resigned 20/06/2014
Ganpat Singhvi
director · Resigned 07/06/2020
CompanyRankvs 105+ SIC 71129 peers80
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/12/2024
Net Worth
£2.1M
Balance sheet strength
Cash
£776k
Cash in the bank
Net Current Assets
£1.7M
Working capital
Current Assets
£2.0M
Current Liabilities
£293k
Fixed Assets
£436k
Debtors
£899k
Profit After Tax
£293k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 6.81 | +£313k |
| 2023 | 3.91 | +£465k |
| 2022 | 2.95 | — |
Derived from filed accounts. Not audited figures.