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Continental Diamond Tool Limited

01811567

active
Private Limited Company
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

UNIT B&C, KINMEL BAY, LL18 5JZ
Incorporated 26/04/1984

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr Nicholas Viggiano

director · Since 09/03/2018

DIRECTOR

AMERICAN · UNITED STATES · Age 48

Mr Raymond Viggiano

director · Since 09/03/2018

DIRECTOR

AMERICAN · UNITED STATES · Age 70

Persons with Significant Control

Mr Nicholas Viggiano

75–100% shares
75–100% votes
Appoint directors

American · United States · Age 48

Unit B&C, Tir Llwyd Industrial Estate, Kinmel Bay, LL18 5JZ

Notified 09/03/2018

Former PSCs

Mr Peter David Morris

Ceased 09/03/2018

Mr Peter Hughes

Ceased 09/03/2018

Mr Stephen Leslie Noakes

Ceased 09/03/2018

Charges4 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 04/06/2024Registered 07/06/2024
charge
outstanding

HSBC BANK PLC

Created 04/12/2012Registered 06/12/2012
charge
outstanding

HSBC BANK PLC

Created 28/11/2012Registered 30/11/2012
charge
outstanding

HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER")

Created 22/11/2012Registered 24/11/2012
charge
satisfied

MIDLAND BANK PLC

Created 22/09/1997Registered 24/09/1997Satisfied 12/03/2018
charge
satisfied

MIDLAND BANK PLC

Created 26/06/1984Registered 02/07/1984Satisfied 12/03/2018

CompanyRankvs 4352+ SIC 32990 peers
62

Financial strength86th percentile among SIC peers · 22/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.99× · 6/20
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 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.

Liquidity6/20 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 31/12/2024

Net Worth

£651k

Balance sheet strength

Cash

£213k

Cash in the bank

Net Current Assets

-£17k

Working capital

Current Assets

£1.4M

Current Liabilities

£1.4M

Fixed Assets

£1.2M

Debtors

£889k

40avg. employees+1

Tax at Year End(2017)

Corp tax£4k

Balance Sheet

Intangible assets£36k
Assets less current liabilities£1.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.99-£107k
20231.37+£291k
20211.04+£68k
20201.24-£36k
20191.18+£24k
20181.30-£358k
20171.13

Derived from filed accounts. Not audited figures.