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Colecross Limited

01387773

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

1 HYLANDS PARADE, WOOD STREET, CHELMSFORD, CM2 8BW
Incorporated 08/09/1978

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47730
Dispensing chemist in specialised stores

Officers

Mr Nitish Kaushik Patel

director · Since 12/11/2018

PHARMACIST

BRITISH · ENGLAND · Age 37

Also on 2 other boards

Persons with Significant Control

Nmp Investment Holdings Limited

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

Jinal Xat, Theobald Street, Borehamwood, WD6 4RN

Reg: 11508086 · England And Wales · Private Limited Company

Notified 12/11/2018

Former PSCs

Mr Maheshchandra Nanjibhai Sodha

Ceased 12/11/2018

Charges3 outstanding

Charge
outstanding

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Charge
outstanding

LLOYDS BANK PLC

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Charge
outstanding

LLOYDS BANK PLC

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Charge
satisfied

SANTANDER UK PLC

Created 12/11/2018Registered 14/11/2018Satisfied 21/05/2025
Charge
satisfied

SANTANDER UK PLC (AS SECURITY TRUSTEE)

Created 12/11/2018Registered 14/11/2018Satisfied 21/05/2025

CompanyRankvs 432+ SIC 47730 peers
72

Financial strength90th percentile among SIC peers · 23/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 4.07× · 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 strength23/25 pts

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

Employees9/15 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 31/01/2025

Net Worth

£919k

Balance sheet strength

Cash

£134k

Cash in the bank

Net Current Assets

£825k

Working capital

Current Assets

£1.1M

Current Liabilities

£268k

Fixed Assets

£94k

Debtors

£928k

Profit After Tax

£144k

5avg. employees

Tax at Year End

Corp tax£16k

Balance Sheet

Assets less current liabilities£919k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20254.07+£144k
20243.88+£94k
20234.22+£95k
20224.09+£80k
20214.85
20206.78
20195.87
20172.59

Derived from filed accounts. Not audited figures.