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Colsec Limited

01177162

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

BOURNE HOUSE, WHYTELEAFE, CR3 0BL
Incorporated 12/07/1974

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr Timothy John Bristow

director · Since 28/08/2009

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 57

Mr Abubaker Mohamed Megerisi

director · Since 27/11/2015

DIRECTOR

BRITISH · UNITED ARAB EMIRATES · Age 80

Mr Ayman Shaibani

director · Since 28/02/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 10 other boards

Mr Ayman Shaibani

secretary · Since 11/06/2018

Also on 10 other boards

Mr Justin Grant Loveday

director · Since 18/03/2021

OPERATIONS DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Mr Hazem Omar Megerisi

director · Since 13/07/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 7 other boards

Persons with Significant Control

Omega (Uk) Holdings Ltd

75–100% shares

Bourne House, Godstone Road, Whyteleafe, CR3 0BL

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 07/03/2007Registered 20/03/2007Satisfied 03/07/2015
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 27/08/1986Registered 17/09/1986Satisfied 10/07/1999
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 14/04/1982Registered 21/04/1982Satisfied 10/07/1999

CompanyRankvs 262+ SIC 32990 peers
78

Financial strength93th percentile among SIC peers · 23/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.05× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength23/25 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

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

Going Concern Doubt

or the directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the company’s ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue . Other information The other information comprises the in

Key FinancialsYear ending 31/12/2024

Net Worth

£1.7M

Balance sheet strength

Cash

£388k

Cash in the bank

Profit Before Tax

£386k

Bottom line earnings

Net Current Assets

£1.5M

Working capital

Current Assets

£2.9M

Current Liabilities

£1.4M

Fixed Assets

£210k

Debtors

£2.0M

Admin Expenses

£1.9M

Profit After Tax

£273k

49avg. employees+2

Tax at Year End(2021)

Dividends paid£300k

Balance Sheet

Assets less current liabilities£1.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.05+£161k
20231.69-£108k
20222.12+£1.6M
20211.97+£0
20201.75+£0
20192.43

Derived from filed accounts. Not audited figures.