Armack Chemicals Limited
01236728
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 22/09/1991
CHEMICAL MANUFACTURER
BRITISH · UNITED KINGDOM · Age 71
director · Since 29/10/2008
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 55
Also on 2 other boards
Persons with Significant Control
Mr. Paul Russell Thompson
British · England · Age 55
52-53, Brook Street, Stourbridge, DY9 8SL
Notified 01/09/2016
Charges2 outstanding
MIDLAND BANK PLC
MIDLAND BANK LTD
CompanyRankvs 125+ SIC 20130 peers33
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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 31/12/2025
Net Worth
-£10k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£13k
Working capital
Current Assets
£46k
Current Liabilities
£67k
Fixed Assets
£8k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.69 | -£47k |
| 2024 | 1.47 | -£26k |
| 2023 | 2.34 | -£908 |
| 2022 | 2.91 | -£2k |
| 2021 | 2.89 | — |
Derived from filed accounts. Not audited figures.