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Accurate Cutting Services Limited

00948502

active
Private Limited Company
england wales
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

45 CROSSGATE ROAD, REDDITCH, B98 7SN
Incorporated 21/02/1969

Compliance

Last accounts

31/03/2025

audited abridged

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 12/01/2026

Due 26/01/2027

On track

Industry

71129
Other engineering activities

Officers

Mark Kevin Fleeming

director · Since 01/08/1994

MANAGING DIRECTOR

ENGLISH · ENGLAND · Age 64

Mr Guy Richard Fleeming

secretary · Since 21/11/2005

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 3 other boards

Mr Guy Richard Fleeming

director · Since 21/11/2005

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 3 other boards

Persons with Significant Control

Mark Kevin Fleeming

25–50% shares
25–50% votes
Appoint directors

English · England · Age 64

45, Crossgate Road, Redditch, B98 7SN

Notified 06/04/2016

Mrs Carol Lynn Burrell

25–50% shares
25–50% votes
Appoint directors

British · England · Age 62

45 Crossgate Road, Redditch, B98 7SN

Notified 12/11/2022

Mr Guy Richard Fleeming

25–50% shares
25–50% votes
Appoint directors

British · England · Age 60

45 Crossgate Road, Redditch, B98 7SN

Notified 12/11/2022

Former PSCs

Mrs Joan Fleeming

Ceased 12/11/2022

Mr Bryn Pritchard

Ceased 13/06/2023

Mr Guy Richard Fleeming

Ceased 13/06/2023

Charges3 outstanding

charge
outstanding

CLOSE BROTHERS LIMITED

Created 16/11/1992Registered 19/11/1992
charge
satisfied

MIDLAND BANK PLC

Created 22/08/1991Registered 29/08/1991Satisfied 04/12/1997
charge
outstanding

MIDLAND BANK PLC

Created 15/09/1986Registered 12/11/1986
charge
outstanding

MIDLAND BANK PLC

Created 26/07/1983Registered 01/08/1983

CompanyRankvs 10+ SIC 71129 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.75× · 20/20
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 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

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

£2.5M

Balance sheet strength

Cash

£541k

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£1.6M

Current Liabilities

£418k

Fixed Assets

£1.5M

Debtors

£537k

26avg. employees+1

Balance Sheet

Assets less current liabilities£2.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.75-£191k
20243.56+£138k
20233.54+£127k
20202.94—

Derived from filed accounts. Not audited figures.