Teer Coatings Limited
01643376
Healthy
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
Details
Previously known as
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 16/09/2025
Due 30/09/2026
Industry
Officers
secretary · Since 14/08/2024
Former
director · Resigned 31/01/2015
director · Resigned 31/01/2015
secretary · Resigned 01/02/2015
director · Resigned 06/11/2017
secretary · Resigned 21/12/2017
director · Resigned 15/01/2019
director · Resigned 15/01/2019
director · Resigned 15/01/2019
secretary · Resigned 14/08/2024
director · Resigned 31/01/2025
director · Resigned 27/06/2025
director · Resigned 08/02/2026
Persons with Significant Control
Magsputter Limited
52c, Borough High Street, London, SE1 1XN
Reg: 11657432 · Registrar Of Companies · Private Company Limited By Shares
Notified 15/01/2019
Former PSCs
Miba Gleitlager Gmbh
Ceased 15/01/2019
Miba Gleitlager Gmbh
Ceased 15/01/2019
Charges0 outstanding
THE ROYAL BANK OF SCOTLAND PLC
THE ROYAL BANK OF SCOTLAND PLC
TC LOANS II LIMITED (ACTING AS SECURITY TRUSTEE OF THE SECURED PARTIES)
TC LOANS II LIMITED (ACTING AS THE SECURITY TRUSTEE OF THE SECURED PARTIES)
Change History
Active
Private Limited Company
52C BOROUGH HIGH STREET
LONDON
CompanyRankvs 55+ SIC 96090 peers80
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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 directors with respect to going concern are d
Key FinancialsYear ending 31/01/2024
Net Worth
£4.9M
Balance sheet strength
Cash
£1.7M
Cash in the bank
Profit Before Tax
£1.5M
Bottom line earnings
Net Current Assets
£2.8M
Working capital
Current Assets
£4.7M
Current Liabilities
£1.9M
Fixed Assets
£2.5M
Debtors
£1.7M
Cost of Sales
£1.9M
Admin Expenses
£3.7M
Profit After Tax
£1.4M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.50 | +£1.4M |
| 2023 | 1.70 | — |
Derived from filed accounts. Not audited figures.