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Cunbar Paints Limited

01942733

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

UNIT 2 PALM BUSINESS CENTRE, OLDHAM, OL9 9ER
Incorporated 29/08/1985

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45310
Wholesale trade of motor vehicle parts and accessories

Officers

Mr John Stanley Cunnington

director · Since 31/10/1991

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 80

Also on 5 other boards

Christine Anne Dunnington

secretary · Since 16/12/1992

BRITISH

Julie Mcnay

director · Since 01/04/2003

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 60

Gareth Shaw

director · Since 12/01/2007

BUSINESS DEVELOPMENT

BRITISH · ENGLAND · Age 56

Mr Michael John Cunnington

director · Since 22/01/2008

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 2 other boards

Zoe Nicola Dunnington

director · Since 18/11/2011

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 6 other boards

Persons with Significant Control

Cunbar Holdings Limited

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

35, Westgate, Huddersfield, HD1 1NY

Notified 21/12/2023

Former PSCs

Mr John Stanley Cunnington

Ceased 21/12/2023

Charges0 outstanding

charge
satisfied

YORKSHIRE BANK PLC

Created 14/02/2002Registered 15/02/2002Satisfied 21/06/2014
charge
satisfied

YORKSHIRE BANK PLC

Created 22/06/2001Registered 12/07/2001Satisfied 22/02/2002
charge
satisfied

YORKSHIRE BANK PLC

Created 23/07/1993Registered 30/07/1993Satisfied 21/06/2014
charge
satisfied

YORKSHIRE BANK PLC

Created 23/07/1993Registered 30/07/1993Satisfied 17/05/2022
charge
satisfied

YORKSHIRE BANK PLC

Created 26/05/1993Registered 28/05/1993Satisfied 17/05/2022
charge
satisfied

YORKSHIRE BANK PLC

Created 02/10/1989Registered 12/10/1989Satisfied 17/05/2022
charge
satisfied

THE OLDHAM BOROUGH COUNCIL

Created 24/04/1987Registered 08/05/1987Satisfied 10/08/2012

CompanyRankvs 15+ SIC 45310 peers
80

Financial strength98th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.81× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 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

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 co

Key FinancialsYear ending 31/12/2024

Turnover

£14.4M

Annual revenue

Net Worth

£4.4M

Balance sheet strength

Cash

£1.5M

Cash in the bank

Profit Before Tax

£678k

Bottom line earnings

Net Current Assets

£4.0M

Working capital

Current Assets

£6.2M

Current Liabilities

£2.2M

Fixed Assets

£510k

Debtors

£3.6M

Cost of Sales

£10.1M

Gross Profit

£4.3M

Admin Expenses

£3.7M

Operating Profit

£611k

Profit After Tax

£482k

52avg. employees+3

Tax at Year End

Corp tax£215k
Dividends paid£366k

Director Loans(2023)

Company owes directors£388

People Costs

Wages & salaries£2.2M
NI contributions£267k

Balance Sheet

Assets less current liabilities£4.5M
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20242.81+£182k
20232.62-£165k
20222.48+£297k
20212.59+£258k
20202.50+£118k
20192.64+£434k
20182.54+£178k
20173.27

Derived from filed accounts. Not audited figures.