Industrial Friction Materials Limited
01197141
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 28/12/1990
BRITISH · WALES · Age 65
Also on 5 other boards
director · Since 28/12/1990
COMPANY DIRECTOR
BRITISH · WALES · Age 65
Also on 5 other boards
Persons with Significant Control
Mr John Arthur George Price
British · Wales · Age 65
Unit 7, East Moors Road Ocean Park, CF24 5JX
Notified 06/04/2016
Former PSCs
Mr George Price
Ceased 30/11/2025
CompanyRankvs 5026+ SIC 25990 peers45
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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.
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
-£34k
Balance sheet strength
Cash
£34k
Cash in the bank
Net Current Assets
-£8k
Working capital
Current Assets
£77k
Current Liabilities
£85k
Debtors
£22k
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 0.91 | +£11k | £85k |
| 2024 | 0.81 | -£4k | — |
| 2023 | 0.96 | +£34k | — |
| 2022 | 0.77 | -£33k | — |
| 2021 | 1.21 | -£3k | — |
| 2020 | 0.49 | +£8k | — |
| 2019 | 0.50 | — | — |
Derived from filed accounts. Not audited figures.