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Counterplas Limited

02560907

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

LANDYWOOD LANE, WALSALL, WS6 7AL
Incorporated 21/11/1990

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

22290
Manufacture of other plastic products

Officers

Mrs Nicola Jane Isherwood

secretary · Since 27/01/2004

BRITISH · ENGLAND · Age 52

Also on 1 other board

Mr Paul James Isherwood

director · Since 27/01/2004

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 1 other board

Persons with Significant Control

Mr Paul James Isherwood

25–50% shares
25–50% votes

British · England · Age 52

Landywood Lane, Cheslyn Hay, Walsall, WS6 7AL

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

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SIEMENS FINANCIAL SERVICES LIMITED

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THE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED

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CompanyRankvs 492+ SIC 22290 peers
59

Financial strength90th percentile among SIC peers · 23/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.3× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 pts

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

Liquidity12/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to g

Key FinancialsYear ending 31/12/2024

Net Worth

£1.9M

Balance sheet strength

Cash

£27k

Cash in the bank

Profit Before Tax

£842k

Bottom line earnings

Net Current Assets

£714k

Working capital

Current Assets

£3.1M

Current Liabilities

£2.3M

Fixed Assets

£2.0M

Debtors

£2.4M

Cost of Sales

£9.1M

Admin Expenses

£1.5M

Profit After Tax

£630k

67avg. employees

Tax at Year End

Dividends paid£190k

People Costs

Wages & salaries£2.2M

Balance Sheet

Intangible assets£0
Bank loans & overdrafts£87k
Assets less current liabilities£2.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.30+£344k
20231.20+£197k
20221.16+£274k
20211.11+£234k
20201.21-£42k
20201.12+£31k
20191.23

Derived from filed accounts. Not audited figures.