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Coltronics Systems Limited

02041611

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

UNIT 57 KEPLER, TAMWORTH, B79 7XE
Incorporated 29/07/1986

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr Barry John Coles

director · Since 18/06/1991

INSTRUMENT ENGINEER

BRITISH · UNITED KINGDOM · Age 79

Also on 3 other boards

Persons with Significant Control

Mr Barry John Coles

75–100% shares

British · United Kingdom · Age 79

Unit 57 Kepler, Tamworth, B79 7XE

Notified 30/06/2016

Charges0 outstanding

charge
satisfied

BARCLAYS BANK PLC

Created 19/04/1994Registered 25/04/1994Satisfied 28/04/2005

CompanyRankvs 1662+ SIC 32990 peers
80

Financial strength83th percentile among SIC peers · 21/25
Employees63th percentile among SIC peers · 9/15
LiquidityCurrent ratio 2.13× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Employees9/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/11/2023

Net Worth

£450k

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

£608k

Working capital

Current Assets

£1.1M

Current Liabilities

£540k

Fixed Assets

£14k

Debtors

£1.1M

3avg. employees

Balance Sheet

Assets less current liabilities£622k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20232.13+£28k
20226.38+£12k
20216.73

Derived from filed accounts. Not audited figures.