Economic Cutting Limited
00963483
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/03/2025
micro entity
Next accounts due
31/12/2026
Confirmation statement
Last: 06/12/2025
Due 20/12/2026
Industry
Officers
director · Since 06/12/2009
SECRETARY
BRITISH · ENGLAND · Age 78
Also on 1 other board
Persons with Significant Control
Mr Trevor Arnold Coy
British · England · Age 79
35 Conalan Avenue, Sheffield, S17 4PG
Notified 06/04/2016
Charges1 outstanding
MIDLAND BANK PLC
CompanyRankvs 809+ SIC 25620 peers58
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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
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
£254k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£197k
Working capital
Current Assets
£224k
Current Liabilities
£30k
Fixed Assets
£57k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 7.44 | -£8k |
| 2024 | 6.96 | -£12k |
| 2023 | 5.05 | +£23k |
| 2022 | 4.96 | -£3k |
| 2021 | 6.17 | -£18k |
| 2020 | 4.74 | +£4k |
| 2019 | 6.89 | — |
Derived from filed accounts. Not audited figures.