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Acorn Laser Limited

03643216

active
Private Limited Company
Companies House
Health Score
77 / 100

Some Concerns

25/30
Filing
20/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • 4 outstanding charges (-8)

Details

3 ARMSTRONG ROAD, WASHINGTON, NE37 1PR
Incorporated 02/10/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Graeme Robert Deanus

director · Since 20/10/1998

ENGINEER

BRITISH · UNITED KINGDOM · Age 63

Also on 1 other board

Persons with Significant Control

Acorn Laser Eot Ltd

75–100% shares
Appoint directors

3 Armstrong Road, Acorn Laser, Washington, NE37 1PR

Reg: 16661671 · England · Limited Company

Notified 01/09/2025

Former PSCs

Mr Graeme Robert Deanus

Ceased 01/09/2025

Charges4 outstanding

Charge
outstanding

GRAEME ROBERT DEANUS

Created 01/09/2025Registered 17/09/2025
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 14/06/2011Registered 01/07/2011
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 26/01/2005Registered 02/02/2005
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 11/01/1999Registered 25/01/1999

CompanyRankvs 1102+ SIC 25990 peers
68

Financial strength88th percentile among SIC peers · 22/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.12× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -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.

Employees14/15 pts

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

Liquidity12/20 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 31/12/2016

Net Worth

£1.2M

Balance sheet strength

Cash

£200k

Cash in the bank

Net Current Assets

£84k

Working capital

Current Assets

£762k

Current Liabilities

£678k

Fixed Assets

£1.2M

Debtors

£532k

37avg. employees

Balance Sheet

Intangible assets£6k
Assets less current liabilities£1.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20161.12

Derived from filed accounts. Not audited figures.