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Comyn Ching & Co. (Solray) Limited

01254878

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

SOLRAY WORKS PHOENIX WAY, GORSEINON, SA4 9WF
Incorporated 14/04/1976

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25210
Manufacture of central heating radiators and boilers

Officers

Alastair Comyn Ching

director · Since 28/04/1992

DIRECTOR

BRITISH · UNITED KINGDOM · Age 70

Also on 6 other boards

Mr Evelyn Alexander Cloudesley Gutteridge

director · Since 06/09/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 3 other boards

Mr Keith Thomas Cloudesley Gutteridge

director · Since 06/09/2017

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 90

Also on 1 other board

Mr John Allan Mcnab

director · Since 06/09/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 89

Also on 7 other boards

Persons with Significant Control

Comyn Ching Limited

75–100% shares
75–100% votes
Appoint directors

Solray Works, Phoenix Way, Swansea, SA4 9WF

Reg: 05513031 · Companies House · Limited Company

Notified 29/12/2016

Charges2 outstanding

Charge
outstanding

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Charge
outstanding

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Charge
satisfied

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HSBC ASSET FINANCE (UK) LIMITED & HSBC EQUIPMENT FINANCE (UK) LIMITED

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charge
satisfied

MIDLAND BANK PLC

Created 04/12/1992Registered 16/12/1992Satisfied 23/02/2017
charge
satisfied

MIDLAND BANK PLC

Created 03/04/1992Registered 07/04/1992Satisfied 23/02/2017
charge
satisfied

MIDLAND BANK PLC

Created 02/02/1983Registered 11/02/1983Satisfied 23/02/2017

CompanyRankvs 52+ SIC 25210 peers
51

Financial strength54th percentile among SIC peers · 14/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.36× · 2/20
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 strength14/25 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.

Liquidity2/20 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 31/12/2024

Net Worth

£4k

Balance sheet strength

Cash

£194k

Cash in the bank

Net Current Assets

-£786k

Working capital

Current Assets

£448k

Current Liabilities

£1.2M

Fixed Assets

£840k

Debtors

£147k

34avg. employees-2

Balance Sheet

Assets less current liabilities£54k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.36-£56k
20230.45-£20k
20210.49-£159k
20200.52-£25k
20190.44-£274k
20180.81

Derived from filed accounts. Not audited figures.