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Corrocoat Corrosioneering Limited

02229343

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

FORSTER STREET, LS10 1PW
Incorporated 10/03/1988

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25610
Treatment and coating of metals
33190
Repair of other equipment
71129
Other engineering activities

Officers

Mr Clive Anthony Harper

secretary · Since 22/09/1991

BRITISH · ENGLAND · Age 68

Also on 41 other boards

Mr Clive Anthony Harper

director · Since 22/09/1991

FINANCIAL DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 41 other boards

Phillip James Watkinson

director · Since 30/06/2005

DIRECTOR

BRITISH · Age 56

Mr Robert Edward Cole

director · Since 01/06/2009

SALES DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 1 other board

Persons with Significant Control

Corrocoat Limited

75–100% shares

Corrocoat, Forster Street, Leeds, LS10 1PW

Reg: 01230166 · England & Wales · Limited Company

Notified 30/06/2016

Charges1 outstanding

charge
outstanding

YORKSHIRE BANK PLC

Created 29/09/1998Registered 07/10/1998

CompanyRankvs 179+ SIC 25610 peers
70

Financial strength74th percentile among SIC peers · 19/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.72× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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179Corrocoat Corrosioneering Limited
76
How is this score calculated?
Financial strength19/25 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.

Liquidity16/20 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 30/06/2024

Net Worth

£293k

Balance sheet strength

Cash

£287k

Cash in the bank

Net Current Assets

£508k

Working capital

Current Assets

£1.2M

Current Liabilities

£705k

Fixed Assets

£141k

Debtors

£747k

Profit After Tax

-£265k

55avg. employees+1

Balance Sheet

Assets less current liabilities£649k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.72+£115k
20231.52-£265k
20222.00—

Derived from filed accounts. Not audited figures.