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Corrosion Technology Services Europe Limited

00922735

active
Private Limited Company
england wales
Companies House
Health Score
59 / 100

Notable Risks

25/30
Filing
0/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

UNIT 12 MERLIN PARK, BURY ST EDMUNDS, IP28 7RD
Incorporated 17/11/1967

Compliance

Last accounts

31/12/2024

group

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 01/06/2025

Due 15/06/2026

Overdue

Industry

71129
Other engineering activities

Officers

Mr Puthucode Ramanathan Viswanathan

director · Since 06/12/2009

ACCOUNTANT

INDIAN · UNITED ARAB EMIRATES · Age 69

Mr Stephen Paul Wroe

director · Since 06/12/2009

ENGINEER

BRITISH · UNITED KINGDOM · Age 70

Also on 1 other board

Mr Roderick Michael Callon

director · Since 23/03/2024

MANAGING DIRECTOR - TECHNICAL

BRITISH · BAHRAIN · Age 58

Persons with Significant Control

Mr Abdulla Nasser Ahmed Huwaileel Al Monsoori

ownership-of-shares-75-to-100-percent-as-firm
voting-rights-75-to-100-percent-as-firm
right-to-appoint-and-remove-directors-as-firm

Emirati · United Arab Emirates · Age 77

Unit 12 Merlin Park, Bury St Edmunds, IP28 7RD

Notified 01/01/2017

Abdulla Nasser Ahmed Huwaileel Al Mansoori

ownership-of-shares-75-to-100-percent-as-firm
voting-rights-75-to-100-percent-as-firm
right-to-appoint-and-remove-directors-as-firm
significant-influence-or-control-as-firm

Emirati · United Arab Emirates · Age 77

11 & 12, Merlin Park, Suffolk, IP28 7RD

Notified 01/01/2017

Charges3 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 17/04/2026Registered 22/04/2026
charge
outstanding

HSBC BANK PLC

Created 30/09/2009Registered 06/10/2009
charge
outstanding

HSBC BANK PLC

Created 23/09/2009Registered 24/09/2009
charge
satisfied

BARCLAYS BANK PLC

Created 16/02/1999Registered 22/02/1999Satisfied 22/01/2010
charge
satisfied

BARCLAYS BANK PLC

Created 11/12/1996Registered 20/12/1996Satisfied 22/01/2010
charge
satisfied

BARCLAYS BANK PLC

Created 05/04/1995Registered 11/04/1995Satisfied 22/01/2010
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 21/09/1993Registered 27/09/1993Satisfied 13/08/1999
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 29/07/1993Registered 04/08/1993Satisfied 22/05/1996

CompanyRankvs 15+ SIC 71129 peers
70

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 6.81× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity20/20 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

Going concern doubt: -10 pts

Outstanding charges: -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

32avg. employees-1

Tax at Year End

Dividends paid£158k

Balance Sheet

Assets less current liabilities£2.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20246.81+£313k
20233.91+£465k
20222.95-£91k
20214.10+£19k
20206.18-£45k
20195.49—

Derived from filed accounts. Not audited figures.