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Scottex Precision Textiles Limited

01375545

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

124 LANESIDE ROAD, ROSSENDALE, BB4 6PG
Incorporated 26/06/1978

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 28/12/2025

Due 11/01/2027

On track

Industry

13100
Preparation and spinning of textile fibres
13960
Manufacture of other technical and industrial textiles

Officers

Mr Jeffrey Stuart Parkinson

secretary · Since 28/12/1990

BRITISH · UNITED KINGDOM · Age 79

Also on 7 other boards

Mr Jeffrey Stuart Parkinson

director · Since 28/12/1990

SALES DIRECTOR

BRITISH · UNITED KINGDOM · Age 79

Also on 7 other boards

Mrs Patricia Parkinson

director · Since 28/12/1990

SALER

BRITISH · UNITED KINGDOM · Age 78

Persons with Significant Control

Mr Jeffrey Stuart Parkinson

75–100% shares

British · United Kingdom · Age 79

124 Laneside Road, Laneside Road, Rossendale, BB4 6PG

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

4SYTE LTD

Created 25/08/2025Registered 12/09/2025
charge
outstanding

MIDLAND BANK PLC

Created 29/07/1998Registered 30/07/1998

CompanyRankvs 131+ SIC 13100 peers
33

Financial strength2th percentile among SIC peers · 1/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.12× · 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 strength1/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees10/15 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

-£435k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£412k

Working capital

Current Assets

£55k

Current Liabilities

£467k

Fixed Assets

£4k

5avg. employees

Balance Sheet

Assets less current liabilities-£409k
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20240.12-£59k
20230.16-£682k
20210.19+£589k
20200.19-£6k
20190.24-£15k
20180.42-£28k
20170.48

Derived from filed accounts. Not audited figures.