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Advanced Carbide Tooling Limited

01788846

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

38 UNDERWOOD DRIVE, LEICESTERSHIRE, LE9 4TA
Incorporated 03/02/1984

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining
96090
Other personal service activities

Officers

Karl Alasdair London

director · Since 19/08/2004

ENGINEER

BRITISH · ENGLAND · Age 55

Also on 1 other board

Clare London

director · Since 28/05/2024

DIRECTOR

BRITISH · ENGLAND · Age 46

Persons with Significant Control

Karl Alasdair London

25–50% shares
25–50% votes

British · United Kingdom · Age 55

38, Underwood Drive, Leicestershire, LE9 4TA

Notified 06/04/2016

Former PSCs

Ms Pamela Claire Allardice

Ceased 02/03/2020

Charges3 outstanding

charge
outstanding

KEITH ALISDAIR LONDON · PAMELA CLAIRE ALLARDICE

Created 08/09/1999Registered 10/09/1999
charge
outstanding

BARCLAYS BANK PLC

Created 01/12/1989Registered 07/12/1989
charge
outstanding

BARCLAYS BANK PLC

Created 10/10/1989Registered 17/10/1989
charge
satisfied

THE CO-OPERATIVE BANK PLC

Created 13/03/1985Registered 20/03/1985Satisfied 28/11/1989

CompanyRankvs 357+ SIC 25620 peers
69

Financial strength84th percentile among SIC peers · 21/25
Employees51th percentile among SIC peers · 8/15
LiquidityCurrent ratio 14.64× · 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.

Employees8/15 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

£998k

Balance sheet strength

Cash

£938k

Cash in the bank

Net Current Assets

£1.0M

Working capital

Current Assets

£1.1M

Current Liabilities

£74k

Fixed Assets

£1k

Debtors

£64k

3avg. employees

Tax at Year End(2020)

Corp tax£460

Director Loans(2019)

Company owes directors£11k

Balance Sheet

Assets less current liabilities£1.0M
Signed by K London 12/06/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
202414.64+£445k
20234.00-£19k
20224.07+£26k
20213.95-£20k
20202.81-£9k
20192.28+£16k£329k
20182.08

Derived from filed accounts. Not audited figures.