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Corroless Eastern Limited

04265484

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

GREENS INDUSTRIAL ESTATE, DEREHAM, NR20 3TG
Incorporated 06/08/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

20301
Manufacture of paints, varnishes and similar coatings, mastics and sealants

Officers

Mr Andrew Edward Hunt

director · Since 06/08/2001

PROTECTIVE COATINGS SPECIALIST

BRITISH · ENGLAND · Age 64

Also on 3 other boards

Mr Oliver John Hunt

director · Since 20/07/2020

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 3 other boards

Mrs Holly Martha Hunt

secretary · Since 01/07/2021

Miss Marissa Jane Ullmer

director · Since 01/06/2023

ACCOUNTANT

BRITISH · ENGLAND · Age 58

Also on 3 other boards

Persons with Significant Control

Mr Andrew Edward Hunt

25–50% shares
25–50% votes
Appoint directors

British · England · Age 64

1 The Oaks, High Oak Road, Wymondham, NR18 9QX

Notified 06/04/2016

Mrs Angela Judith Hunt

25–50% shares
25–50% votes

British · England · Age 58

1 The Oaks, High Oak Road, Wymondham, NR18 9QX

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 17/04/2023Registered 21/04/2023
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 17/03/2019Registered 21/03/2019

CompanyRankvs 73+ SIC 20301 peers
68

Financial strength86th percentile among SIC peers · 22/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.45× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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73Corroless Eastern Limited
78
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 31/12/2024

Net Worth

£1.1M

Balance sheet strength

Cash

£290k

Cash in the bank

Net Current Assets

£768k

Working capital

Current Assets

£2.5M

Current Liabilities

£1.7M

Fixed Assets

£753k

Debtors

£1.9M

35avg. employees+6

Tax at Year End(2020)

Corp tax£6k

Balance Sheet

Assets less current liabilities£1.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.45+£134k
20231.52+£93k
20221.41+£358k
20211.18+£45k
20201.41+£18k
20191.61-£217k
20182.51—

Derived from filed accounts. Not audited figures.