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Colan Limited

01543488

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

UNIT 28 HURLBUTT ROAD, WARWICK, CV34 6TD
Incorporated 05/02/1981

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

14190
Manufacture of other wearing apparel and accessories

Officers

Mrs Joan Mary Hancox

secretary · Since 08/02/1991

BRITISH · ENGLAND · Age 83

Also on 3 other boards

Mrs Joan Mary Hancox

director · Since 08/02/1991

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 83

Also on 3 other boards

Mr Michael Alfred Hancox

director · Since 08/02/1991

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 81

Persons with Significant Control

Mr Michael Alfred Hancox

50–75% shares
50–75% votes

British · England · Age 81

Unit 28 Hurlbutt Road, Warwick, CV34 6TD

Notified 06/04/2016

CompanyRankvs 117+ SIC 14190 peers
86

Financial strength89th percentile among SIC peers · 22/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.19× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2024

Net Worth

£63k

Balance sheet strength

Cash

£61k

Cash in the bank

Net Current Assets

£59k

Working capital

Current Assets

£108k

Current Liabilities

£50k

Fixed Assets

£11k

Debtors

£41k

7avg. employees

Tax at Year End

Corp tax£319
VAT£9k

Director Loans

Company owes directors£17k

Balance Sheet

Assets less current liabilities£69k
Signed by Mr Michael Hancox Mrs Joan Hancox 14th January 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20242.19-£12k£170k
20233.06+£2k£121k
20223.13+£16k£197k
20212.30+£7k£139k
20203.88-£51k£85k
20193.06-£4k£188k
20182.82£78k

Derived from filed accounts. Not audited figures.