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Combicut Limited

01474904

active
Private Limited Company
england wales
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

FOUNDATION HOUSE, PADDOCK ROAD, READING, RG4 5BY
Incorporated 23/01/1980

Compliance

Last accounts

31/07/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 16/07/2025

Due 30/07/2026

On track

Industry

28490
28490

Officers

Mr Keith John Walters

director · Since 14/09/1991

DIRECTOR

BRITISH · ENGLAND · Age 70

Also on 2 other boards

Mrs Lorraine Kathleen Walters

director · Since 30/10/2020

DIRECTOR

BRITISH · ENGLAND · Age 63

Miss Rachel Lauren Walters

director · Since 15/05/2023

DIRECTOR

BRITISH · ENGLAND · Age 27

Miss Sally Louise Walters

director · Since 15/05/2023

DIRECTOR

BRITISH · ENGLAND · Age 30

Persons with Significant Control

Former PSCs

Mr Keith John Walters

Ceased 17/09/2025

Mrs Jaqueline Patricia Hill

Ceased 28/02/2021

Charges2 outstanding

charge
outstanding

KEITH JOHN WALTERS & JACQUELINE PATRICIA HILL

Created 27/03/2009Registered 31/03/2009
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 09/03/2007Registered 24/06/2008
charge
satisfied

KJ WALTERS & JP HILL

Created 28/05/2008Registered 04/06/2008Satisfied 20/04/2012
charge
satisfied

BARCLAYS BANK PLC

Created 22/10/2001Registered 31/10/2001Satisfied 20/04/2012
charge
satisfied

BARCLAYS BANK PLC

Created 16/04/1993Registered 23/04/1993Satisfied 20/04/2012
charge
satisfied

BARCLAYS BANK PLC

Created 23/08/1991Registered 09/09/1991Satisfied 20/04/2012
charge
satisfied

BARCLAYS BANK PLC

Created 08/04/1986Registered 23/04/1986Satisfied 21/03/1992
charge
satisfied

BARCLAYS BANK PLC

Created 08/04/1986Registered 23/04/1986Satisfied 18/01/1997

CompanyRankvs 15+ SIC 28490 peers
79

Financial strength99th percentile among SIC peers · 25/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 13.86× · 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 strength25/25 pts

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

Employees14/15 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 31/07/2024

Net Worth

£8.3M

Balance sheet strength

Cash

£2.2M

Cash in the bank

Net Current Assets

£6.5M

Working capital

Current Assets

£7.0M

Current Liabilities

£502k

Fixed Assets

£2.0M

Debtors

£4.5M

21avg. employees+1

Balance Sheet

Assets less current liabilities£8.5M
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
202413.86-£34k
20236.25-£220k
20228.56+£502k
20217.20-£970k
20207.77+£725k
20195.96+£1.3M
20184.08

Derived from filed accounts. Not audited figures.