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Procut Superabrasives Ltd

04279239

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

SUITE G2 MONTPELLIER HOUSE, CHELTENHAM, GL50 1TY
Incorporated 30/08/2001

Compliance

Last accounts

31/03/2024

unaudited abridged

Next accounts due

30/06/2026

Overdue

Confirmation statement

Last: 13/09/2025

Due 27/09/2026

On track

Industry

23910
Production of abrasive products

Officers

Lorraine Myfanwy Cox

secretary · Since 06/09/2001

BRITISH

Mr Paul James Cox

director · Since 06/09/2001

ENGINEER

ENGLISH · ENGLAND · Age 59

Also on 2 other boards

Persons with Significant Control

Mrs Lorraine Myfanwy Cox

25–50% shares
25–50% votes

British · United Kingdom · Age 59

51 The Oaks, Cranham Gardens, Gloucester, GL4 5WP

Notified 06/04/2016

Mr Paul James Cox

25–50% shares
25–50% votes

British · United Kingdom · Age 59

51 The Oaks, Cranham Gardens, Gloucester, GL4 5WP

Notified 06/04/2016

Insolvency History1 case

members voluntary liquidation19/12/2025

Michael Patrick Durkan (practitioner)

CompanyRankvs 15+ SIC 23910 peers
40

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 2.68× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2024

Net Worth

£259k

Balance sheet strength

Cash

£85k

Cash in the bank

Net Current Assets

£218k

Working capital

Current Assets

£347k

Current Liabilities

£130k

Fixed Assets

£50k

Debtors

£239k

15avg. employees+2

Tax at Year End(2023)

Corp tax£28k
VAT£21k

Director Loans(2023)

Company owes directors£601

Balance Sheet

Assets less current liabilities£268k
Signed by Mr Paul Cox 20/09/2023Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20242.68+£49k
20232.40£418k

Derived from filed accounts. Not audited figures.