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Cutwel Limited

03202912

active
ltd
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

Unit A, Riverside Drive, Cleckheaton, BD19 4DH
Incorporated 23/05/1996

Previously known as

Tools-R-Us (U.K.) Limited · until 03/10/1996

Compliance

Last accounts

30/04/2026

full

Next accounts due

31/01/2028

On track

Confirmation statement

Last: 27/04/2026

Due 11/05/2027

On track

Industry

46620
Wholesale of machine tools

Officers

Kirsty Jackson

director · Since 21/08/2024

MARKETING DIRECTOR

BRITISH · ENGLAND · Age 45

Katie Ellis

director · Since 21/08/2024

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 40

James Mannion

director · Since 12/05/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Kirsty Jackson

director · Since 21/08/2024

British · England · Age 45

Katie Ellis

director · Since 21/08/2024

British · England · Age 40

James Mannion

director · Since 12/05/2025

British · United Kingdom · Age 43

Former

Clifford Donald Wing

secretary · Resigned 23/05/1996

Elizabeth Mary Hawksworth

secretary · Resigned 18/05/2018

Paul Hawksworth

director · Resigned 18/05/2018

Adam Gillard

director · Resigned 21/08/2024

Graham James Short

director · Resigned 21/08/2024

Alexandra Sharon Moore

director · Resigned 25/02/2025

Persons with Significant Control

Project Milan Bidco Limited

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

Unit A, Riverside Drive, Cleckheaton, BD19 4DH

Reg: 15793205 · Companies House, England & Wales · Private Limited Company

Notified 18/06/2025

Former PSCs

Mr Paul Hawksworth

Ceased 18/05/2018

Mrs Elizabeth Mary Hawksworth

Ceased 18/05/2018

Crossco (1432) Limited

Ceased 14/04/2025

Crossco (1427) Limited

Ceased 18/06/2025

Charges2 outstanding

A registered charge
outstanding

NATIONWIDE BUILDING SOCIETY (TRADING AS VIRGIN MONEY) (AS SECURITY TRUSTEE)

Created 07/08/2026Registered 10/08/2026
Charge
outstanding

CLYDESDALE BANK (TRADING AS VIRGIN MONEY) AS SECURITY AGENT

Created 17/09/2024Registered 23/09/2024
Charge
satisfied

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE BANK AND YORKSHIRE BANK)

Created 30/09/2022Registered 30/09/2022Satisfied 18/09/2024
Charge
satisfied

CLYDESDALE BANK PLC (TRADING AS CLYDESDALE BANK AND YORKSHIRE BANK)

Created 09/07/2018Registered 13/07/2018Satisfied 18/09/2024
Charge
satisfied

NORTHEDGE CAPITAL LLP

Created 18/05/2018Registered 25/05/2018Satisfied 04/10/2022

Change History

status → active
2026-07-26

Active

type → ltd
2026-07-26

Private Limited Company

address line1 → Unit A
2026-07-26

UNIT A

post town → Cleckheaton
2026-07-26

CLECKHEATON

officer appointed → ELLIS, Katie
2026-07-26
officer appointed → JACKSON, Kirsty
2026-07-26
officer appointed → MANNION, James
2026-07-26

CompanyRankvs 15+ SIC 46620 peers
70

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.9× · 20/20
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 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

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 going concern are d

Key FinancialsYear ending 30/04/2026

Net Worth

£8.7M

Balance sheet strength

Cash

£2.9M

Cash in the bank

Profit Before Tax

£4.0M

Bottom line earnings

Net Current Assets

£8.5M

Working capital

Current Assets

£13.0M

Current Liabilities

£4.5M

Fixed Assets

£383k

Debtors

£5.2M

Cost of Sales

£14.8M

Admin Expenses

£7.3M

Profit After Tax

£3.6M

93avg. employees+92

Tax at Year End

Dividends paid£13.1M

People Costs

Wages & salaries£3.4M

Balance Sheet

Intangible assets£107k
Assets less current liabilities£8.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20262.90+£3.6M
20251.79-£8.7M
20244.26+£5.2M
20233.02—

Derived from filed accounts. Not audited figures.