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Coventry Grinders Limited

03129960

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

17-18 LIFFORD WAY, COVENTRY, CV3 2RN
Incorporated 23/11/1995

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25730
Manufacture of tools

Officers

Mr Steven Phillip Watkins

secretary · Since 23/11/1995

COMPANY SECRETARY/DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 12 other boards

Mr David Charles Watkins

director · Since 23/11/1995

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 9 other boards

Mr Howard John Watkins

director · Since 23/11/1995

DIRECTOR

BRITISH · UNITED KINGDOM · Age 67

Also on 9 other boards

Mr Steven Phillip Watkins

director · Since 23/11/1995

COMPANY SECRETARY/DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 12 other boards

Persons with Significant Control

Mr Steven Phillip Watkins

25–50% shares

British · England · Age 56

17-18 Lifford Way, Coventry, CV3 2RN

Notified 23/11/2016

Mr David Charles Watkins

25–50% shares

British · United Kingdom · Age 65

17-18 Lifford Way, Coventry, CV3 2RN

Notified 23/11/2016

Mr Howard John Watkins

25–50% shares

British · United Kingdom · Age 67

17-18 Lifford Way, Coventry, CV3 2RN

Notified 23/11/2016

Charges2 outstanding

charge
outstanding

LLOYDS BANK PLC

Created 23/09/1996Registered 26/09/1996
charge
outstanding

BARCLAYS BANK PLC

Created 22/01/1996Registered 26/01/1996

CompanyRankvs 214+ SIC 25730 peers
62

Financial strength80th percentile among SIC peers · 20/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.53× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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214Coventry Grinders Limited
72
How is this score calculated?
Financial strength20/25 pts

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

Employees2/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£434k

Balance sheet strength

Cash

£298k

Cash in the bank

Net Current Assets

£385k

Working capital

Current Assets

£636k

Current Liabilities

£251k

Fixed Assets

£49k

Debtors

£157k

0avg. employees

Tax at Year End(2021)

Corp tax£1k

Director Loans(2022)

Directors owe company£5k

Balance Sheet

Intangible assets£30k
Assets less current liabilities£434k
Prepared with BTCSoftware AP Solution 2025 12.1.02

EstimatesDerived

YearCurrent RatioImplied Profit
20242.53+£668
20232.62+£30k
20222.61+£21k
20212.17+£13k
20203.04+£3k
20192.82+£38k
20181.94—

Derived from filed accounts. Not audited figures.