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Cobra Industries Limited

03022533

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

PINDAR ROAD, HERTFORDSHIRE, EN11 0JX
Incorporated 16/02/1995

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32300
Manufacture of sports goods

Officers

Mr Damian Sebastian Ara

director · Since 15/12/2015

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 2 other boards

Persons with Significant Control

Rhl Sports Ltd

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

37a, High Street, Hoddesdon, EN11 8TA

Reg: 13070774 · Rhl Sports Ltd · Limited Company

Notified 19/02/2021

Former PSCs

Mr Colin John Harris

Ceased 19/02/2021

CompanyRankvs 13+ SIC 32300 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 5.26× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 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.

Liquidity20/20 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

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

Going Concern Doubt

performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going conce

Key FinancialsYear ending 31/12/2023

Turnover

£10.3M

Annual revenue

Net Worth

£10.0M

Balance sheet strength

Cash

£4.2M

Cash in the bank

Profit Before Tax

£1.9M

Bottom line earnings

Net Current Assets

£8.0M

Working capital

Current Assets

£9.8M

Current Liabilities

£1.9M

Fixed Assets

£2.6M

Debtors

£2.7M

Cost of Sales

£5.5M

Gross Profit

£4.9M

Admin Expenses

£3.1M

Operating Profit

£1.9M

Profit After Tax

£1.9M

48avg. employees+4

Tax at Year End

Dividends paid-£1.0M

People Costs

Wages & salaries£2.6M
NI contributions£291k

Balance Sheet

Interest payable£4k
Assets less current liabilities£10.5M
Signed by Mr Damian Ara 30/09/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20235.26+£3.8M
20214.68—

Derived from filed accounts. Not audited figures.