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Coil Slitting Letchworth Limited

02880770

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 1B FOCUS 4, LETCHWORTH GARDEN CITY, SG6 2TU
Incorporated 15/12/1993

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Iain Da Costa

secretary · Since 13/01/1994

DIRECTOR

BRITISH · UNITED KINGDOM · Age 67

Also on 9 other boards

Iain Da Costa

director · Since 13/01/1994

DIRECTOR

BRITISH · UNITED KINGDOM · Age 67

Also on 9 other boards

Mr Michael Gerard Humphries

director · Since 13/01/1994

DIRECTOR

BRITISH · ENGLAND · Age 74

Also on 2 other boards

Persons with Significant Control

Coil Slitting Holdings Limited

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

Unit 1b Focus Four, Fourth Avenue, Letchworth Garden City, SG6 2TU

Reg: 15044134 · Companies House · Limited Company

Notified 02/08/2023

Former PSCs

Mr Michael Gerard Humphries

Ceased 02/08/2023

Mr Iain Da Costa

Ceased 02/08/2023

Mr Michael Gerald Humphries

Ceased 06/04/2016

Charges2 outstanding

Charge
satisfied

HSBC UK BANK PLC

Created 28/05/2020Registered 04/06/2020Satisfied 09/02/2024
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 06/07/2018Registered 06/07/2018
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 06/07/2018Registered 06/07/2018
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 27/09/2007Registered 18/10/2007Satisfied 10/10/2018
charge
satisfied

THE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED

Created 30/12/2002Registered 11/01/2003Satisfied 10/10/2018
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 07/03/1994Registered 21/03/1994Satisfied 10/10/2018

CompanyRankvs 4127+ SIC 96090 peers
75

Financial strength97th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.83× · 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 strength24/25 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 31/01/2025

Net Worth

£919k

Balance sheet strength

Cash

£24k

Cash in the bank

Net Current Assets

£764k

Working capital

Current Assets

£1.7M

Current Liabilities

£923k

Fixed Assets

£344k

Debtors

£964k

17avg. employees

Balance Sheet

Assets less current liabilities£1.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.83-£561k
20241.58+£199k
20231.44+£308k
20221.14+£517k
20211.02+£43k
20200.88+£37k
20190.86—

Derived from filed accounts. Not audited figures.