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Powder Coatings Northern Limited

02297998

active
Private Limited Company
england wales
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

STANMORE HOUSE 64-68 BLACKBURN STREET, MANCHESTER, M26 2JS
Incorporated 20/09/1988

Compliance

Last accounts

30/11/2024

micro entity

Next accounts due

26/08/2026

On track

Confirmation statement

Last: 11/11/2025

Due 25/11/2026

On track

Industry

25610
Treatment and coating of metals

Officers

Mr Ben David Grindrod

director · Since 28/10/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Persons with Significant Control

Mr Ben David Grindrod

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

British · United Kingdom · Age 37

Stanmore House 64 - 68 Blackburn Street, Radcliffe, Manchester, M26 2JS

Notified 28/10/2025

Charges3 outstanding

charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 08/06/2005Registered 09/06/2005
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 09/07/2004Registered 10/07/2004
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 30/06/2004Registered 01/07/2004

CompanyRankvs 323+ SIC 25610 peers
59

Financial strength58th percentile among SIC peers · 14/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.67× · 16/20
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 strength14/25 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.

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 30/11/2024

Net Worth

£76k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£65k

Working capital

Current Assets

£162k

Current Liabilities

£97k

Fixed Assets

£14k

5avg. employees-2

Balance Sheet

Assets less current liabilities£79k
Signed by 2297998 2023-12-01 2024-11-30 2297998 2024-11-30 2297998 core:CurrentFinancialInstruments core:WithinOneYear 2024-11-30 Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20241.67-£79k
20233.04+£17k
20222.52+£57k
20211.76

Derived from filed accounts. Not audited figures.