Back to search

Cobalt Systems Ltd

03403982

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

SPITFIRE ROAD, WARDLE, CW5 6HT
Incorporated 16/07/1997

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28990
Manufacture of other special-purpose machinery

Officers

Mr Anthony Raymond Hunt

director · Since 04/09/1997

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 68

Mr Owen Cummins

director · Since 01/01/2021

DIRECTOR OF OPERATIONS

BRITISH · ENGLAND · Age 44

Mr Christopher Hunt

director · Since 01/01/2021

SALES DIRECTOR

BRITISH · ENGLAND · Age 46

Katarzyna Brazenall

director · Since 01/08/2023

FINANCIAL DIRECTOR

POLISH · ENGLAND · Age 45

Persons with Significant Control

Mr Anthony Raymond Hunt

25–50% shares
25–50% votes

British · England · Age 68

Spitfire Road, Cheshire Green Industrial Park, Wardle, CW5 6HT

Notified 26/07/2016

Mrs Susan Marie Hunt

25–50% shares

English · United Kingdom · Age 68

Spitfire Road, Cheshire Green Industrial Park, Wardle, CW5 6HT

Notified 01/12/2021

Former PSCs

Harland Systems Group Ltd

Ceased 26/07/2016

Charges2 outstanding

Charge
outstanding

CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)

Created 27/11/2025Registered 01/12/2025
Charge
satisfied

BANK OF SCOTLAND PLC

Created 17/03/2021Registered 18/03/2021Satisfied 19/11/2025
Charge
outstanding

NPIF NW DEBT LP ACTING BY NORTH WEST LOANS NPIF GP LIMITED AS THE GENERAL PARTNER OF NPIF NW DE

Created 22/03/2018Registered 23/03/2018
Charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LTD

Created 15/05/2013Registered 20/05/2013Satisfied 16/12/2025
charge
satisfied

BANK OF SCOTLAND PLC

Created 05/05/2011Registered 07/05/2011Satisfied 19/06/2018
charge
satisfied

VENTURE FINANCE PLC

Created 28/08/2001Registered 29/08/2001Satisfied 23/03/2017
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 01/04/1999Registered 07/04/1999Satisfied 18/05/2013

CompanyRankvs 1016+ SIC 28990 peers
48

Financial strength74th percentile among SIC peers · 19/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.93× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength19/25 pts

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

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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

statements are set out below. These policies have been consistently applied to all years presented, unless otherwise stated. Basis of preparation The financial statements are prepared on the going concern basis under the historical cost convention and comply with the United Kingdom Accounting Standards and Companies Act 2006. Going concern No material uncertainties that may cast significa

Key FinancialsYear ending 30/12/2024

Net Worth

£438k

Balance sheet strength

Cash

£82k

Cash in the bank

Net Current Assets

-£93k

Working capital

Current Assets

£1.2M

Current Liabilities

£1.2M

Fixed Assets

£825k

Debtors

£774k

23avg. employees+4

Tax at Year End(2021)

Corp tax£25k

Balance Sheet

Bank loans & overdrafts£234k
Assets less current liabilities£732k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.93-£19k
20231.05-£25k
20221.57+£162k
20211.43

Derived from filed accounts. Not audited figures.