Eurotech Ltd
01608562
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Eurotech Spa
Eurotech Spa, Via Fratelli Solari 3/A, 33020 Amaro (Udine)
Reg: 01791330309 · Registro Imprese Di Udine · Italian Public Limited Company
Notified 06/04/2016
Charges0 outstanding
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CompanyRankvs 509+ SIC 26512 peers40
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to going con
Key FinancialsYear ending 31/12/2024
Turnover
£4.2M
Annual revenue
Net Worth
-£506k
Balance sheet strength
Cash
£579k
Cash in the bank
Profit Before Tax
£132k
Bottom line earnings
Net Current Assets
-£523k
Working capital
Current Assets
£2.1M
Current Liabilities
£2.6M
Fixed Assets
£95k
Debtors
£1.4M
Cost of Sales
£1.6M
Gross Profit
£2.6M
Admin Expenses
£2.5M
Operating Profit
£143k
Profit After Tax
£132k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.80 | +£132k |
| 2023 | 0.85 | +£187k |
| 2022 | 0.79 | -£463k |
| 2021 | 0.85 | — |
Derived from filed accounts. Not audited figures.