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Cirrus Laser Limited

02114382

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

65 VICTORIA ROAD, BURGESS HILL, RH15 9LN
Incorporated 23/03/1987

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Mr David Connaway

director · Since 01/09/1995

DIRECTOR

BRITISH · ENGLAND · Age 74

Also on 1 other board

Mrs Catherine Ann Louise Jubb

secretary · Since 31/07/2018

Persons with Significant Control

Mr David Connaway

75–100% shares

British · England · Age 74

65, Victoria Road, Burgess Hill, RH15 9LN

Notified 31/08/2016

Charges2 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 17/05/1999Registered 28/05/1999
charge
outstanding

BARCLAYS BANK PLC

Created 17/05/1999Registered 21/05/1999
charge
satisfied

BARCLAYS BANK PLC

Created 07/02/1995Registered 10/02/1995Satisfied 19/05/1999
charge
satisfied

BARCLAYS BANK PLC

Created 19/05/1993Registered 28/05/1993Satisfied 19/05/1999
charge
satisfied

BARCLAYS BANK PLC

Created 12/02/1992Registered 21/02/1992Satisfied 19/05/1999

CompanyRankvs 162+ SIC 25620 peers
74

Financial strength89th percentile among SIC peers · 22/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 10.12× · 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 strength22/25 pts

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

Employees12/15 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 31/12/2024

Net Worth

£1.6M

Balance sheet strength

Cash

£386k

Cash in the bank

Net Current Assets

£649k

Working capital

Current Assets

£720k

Current Liabilities

£71k

Fixed Assets

£919k

Debtors

£193k

15avg. employees

Tax at Year End(2022)

Corp tax£166

Balance Sheet

Assets less current liabilities£1.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202410.12-£84k
20236.80-£26k
20229.70+£13k
20218.71

Derived from filed accounts. Not audited figures.