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Coating Technologies Limited

01438105

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

NORTHWICK PARK BUSINESS CENTRE NORTHWICK BUSINESS CENTRE, MORETON-IN-MARSH, GL56 9RF
Incorporated 18/07/1979

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

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

Officers

Mr Andrew Timothy Thomas

director · Since 21/12/2012

TECHNICAL SALES

BRITISH · ENGLAND · Age 74

Mr Timothy Lee Baker

director · Since 24/09/2025

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 2 other boards

Persons with Significant Control

Bransford Holdings Ltd

75–100% shares
75–100% votes
right-to-appoint-and-remove-directors-as-firm

9, Malvern Road, Worcester, WR2 4LE

Reg: 02597724 · England & Wales · Private Limited Company

Notified 14/11/2024

Former PSCs

Mr Andrew Timothy Thomas

Ceased 25/01/2025

Mrs Julia Ann Thomas

Ceased 25/01/2025

Charges1 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 14/04/2021Registered 23/04/2021
charge
satisfied

ULTIMATE INVOICE FINANCE LIMITED

Created 12/02/2013Registered 14/02/2013Satisfied 11/06/2015
charge
satisfied

MIDLAND BANK PLC

Created 10/03/1988Registered 22/03/1988Satisfied 27/07/2012

CompanyRankvs 500+ SIC 20301 peers
73

Financial strength83th percentile among SIC peers · 21/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 5.06× · 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 strength21/25 pts

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

Employees12/15 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 30/09/2024

Net Worth

£844k

Balance sheet strength

Cash

£456k

Cash in the bank

Net Current Assets

£916k

Working capital

Current Assets

£1.3M

Current Liabilities

£260k

Fixed Assets

£25k

Debtors

£549k

11avg. employees-1

Tax at Year End(2018)

Corp tax£14k

Balance Sheet

Assets less current liabilities£940k

EstimatesDerived

YearCurrent RatioImplied Profit
20245.06+£135k
20233.89+£148k
20225.85+£148k
20214.96+£24k
20203.49+£34k
20197.31+£338k
20182.63

Derived from filed accounts. Not audited figures.