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Trade Cutting Formes Limited

02261751

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

UNIT 14B TANFIELD LEA INDUSTRIAL, STANLEY, DH9 9UU
Incorporated 25/05/1988

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr Michael Roughead

director · Since 01/10/1996

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 56

Miss Victoria Jane Hutchinson

director · Since 22/04/2021

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 1 other board

Persons with Significant Control

Mr Kevin Dale Alderson

50–75% shares

British · England · Age 62

Unit 14b Tanfield Lea Industrial, Stanley, DH9 9UU

Notified 01/08/2016

Charges1 outstanding

charge
outstanding

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 05/08/2011Registered 10/08/2011
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 31/05/2001Registered 01/06/2001Satisfied 06/02/2020
charge
satisfied

ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED

Created 17/05/2001Registered 18/05/2001Satisfied 05/10/2019
charge
satisfied

LLOYDS BANK PLC

Created 15/01/1998Registered 20/01/1998Satisfied 06/02/2020
charge
satisfied

LLOYDS BANK PLC

Created 17/11/1997Registered 27/11/1997Satisfied 06/02/2020
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 20/09/1988Registered 26/09/1988Satisfied 06/02/2020

CompanyRankvs 5578+ SIC 32990 peers
52

Financial strength69th percentile among SIC peers · 17/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.38× · 2/20
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 strength17/25 pts

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

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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

£90k

Balance sheet strength

Cash

£22k

Cash in the bank

Net Current Assets

-£194k

Working capital

Current Assets

£120k

Current Liabilities

£314k

Fixed Assets

£297k

Debtors

£73k

15avg. employees

Balance Sheet

Assets less current liabilities£103k
Signed by Mr Michael Roughead Miss Victoria Hutchinson 18/02/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.38-£24k
20230.42+£6k
20210.47

Derived from filed accounts. Not audited figures.