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Chase Resources Ltd

03342976

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

C/O MJB AVANTI, OFFICE 12 EPSILON HOUSE, IPSWICH, IP3 9FJ
Incorporated 01/04/1997

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Darren Thomas Thornton-Coates

director · Since 02/04/1997

SOFTWARE TESTER

BRITISH · ENGLAND · Age 57

Also on 2 other boards

Mrs Laura Jayne Thornton-Coates

secretary · Since 13/11/2018

Persons with Significant Control

Mr Darren Thomas Thornton-Coates

75–100% shares

British · England · Age 57

Unit 32 Basepoint Centre, The Havens, Ipswich, IP3 9BF

Notified 06/04/2016

CompanyRankvs 2556+ SIC 47910 peers
70

Financial strength87th percentile among SIC peers · 22/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 2.32× · 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 strength22/25 pts

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

Employees8/15 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

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/03/2024

Net Worth

£21k

Balance sheet strength

Cash

£26k

Cash in the bank

Net Current Assets

£20k

Working capital

Current Assets

£35k

Current Liabilities

£15k

Fixed Assets

£1k

Debtors

£9k

1avg. employees

Tax at Year End

Corp tax£2k
VAT£123

Director Loans

Company owes directors£868
Directors owe company£8k

Balance Sheet

Assets less current liabilities£21k
Signed by Mr Darren Thornton-Coates 31 March 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20242.32+£23k£2k
20230.89-£8k£10k
20221.18-£1k£131k
20211.17+£5k£131k
20201.11
2019-1.01

Derived from filed accounts. Not audited figures.