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Corrocoat Limited

01230166

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

FORSTER STREET, LS10 1PW
Incorporated 17/10/1975

Compliance

Last accounts

30/06/2025

small

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 31/03/2026

Due 14/04/2027

On track

Industry

20301
Manufacture of paints, varnishes and similar coatings, mastics and sealants

Officers

Mr Clive Anthony Harper

secretary · Since 31/03/1991

BRITISH · ENGLAND · Age 68

Also on 41 other boards

Mr Clive Anthony Harper

director · Since 31/03/1991

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 41 other boards

Mr Phillip James Watkinson

director · Since 30/06/2005

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 4 other boards

Mr Robert Edward Cole

director · Since 01/06/2009

SALES DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 1 other board

Persons with Significant Control

Corrosioneering Group Limited

75–100% shares

Corrocoat, Forster Street, Leeds, LS10 1PW

Reg: 01265359 · England & Wales · Limited Company

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

YORKSHIRE BANK PLC

Created 29/09/1998Registered 07/10/1998

CompanyRankvs 10+ SIC 20301 peers
78

Financial strength98th percentile among SIC peers · 25/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 7.05× · 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.

Employees13/15 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 30/06/2025

Net Worth

£14.6M

Balance sheet strength

Cash

£1.4M

Cash in the bank

Net Current Assets

£10.3M

Working capital

Current Assets

£11.9M

Current Liabilities

£1.7M

Fixed Assets

£4.4M

Debtors

£9.7M

Profit After Tax

£1.2M

20avg. employees+3

Tax at Year End

Corp tax£322k

Balance Sheet

Assets less current liabilities£14.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20257.05+£2.2M
20246.07+£1.2M
20239.40—

Derived from filed accounts. Not audited figures.