Conneely Drylining Limited
02873050
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 01/11/2003
DIRECTOR
BRITISH · ENGLAND · Age 52
Also on 24 other boards
director · Since 25/03/2010
DIRECTOR
BRITISH · ENGLAND · Age 50
Also on 1 other board
director · Since 06/09/2021
COMPANY DIRECTOR
IRISH · ENGLAND · Age 66
Also on 1 other board
Persons with Significant Control
Mr John Melvyn Cockerton
British · England · Age 52
Braemar House, Water Lane, Stansted, CM24 8BJ
Notified 01/11/2016
Mr Michael James Cockerton
British · England · Age 50
Braemar House, Water Lane, Stansted, CM24 8BJ
Notified 01/11/2016
Mr Eamon Conneely
Irish · England · Age 66
Braemar House, Water Lane, Stansted, CM24 8BJ
Notified 16/07/2024
Former PSCs
Conneely Services Limited
Ceased 16/07/2024
Charges1 outstanding
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CompanyRankvs 3481+ SIC 96090 peers66
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 directors with respect to
Key FinancialsYear ending 31/03/2025
Net Worth
£4.7M
Balance sheet strength
Cash
£4.1M
Cash in the bank
Profit Before Tax
£370k
Bottom line earnings
Net Current Assets
£4.5M
Working capital
Current Assets
£13.1M
Current Liabilities
£8.6M
Fixed Assets
£429k
Debtors
£8.1M
Cost of Sales
£32.7M
Admin Expenses
£3.0M
Profit After Tax
£253k
Tax at Year End(2022)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.52 | +£4.6M |
| 2024 | — | +£0 |
| 2022 | 1.74 | — |
Derived from filed accounts. Not audited figures.