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Cotec Technology Limited

04366510

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

1 SUNWIN UNITS, CLEVELAND, TS14 6AF
Incorporated 04/02/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26511
Manufacture of electronic instruments and appliances for measuring, testing, and navigation

Officers

Alistair Flanaghan

director · Since 04/02/2002

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

Mr Stephen Morgan

secretary · Since 27/01/2010

Also on 7 other boards

Mr Stephen Morgan

director · Since 24/07/2025

DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 7 other boards

Persons with Significant Control

Mr Alistair Flanagan

25–50% shares
25–50% votes

British · United Kingdom · Age 71

3 Kingfisher Court, Bowesfield Park, Stockton On Tees, TS18 3EX

Notified 06/04/2016

Mr Stephen Morgan

25–50% shares
25–50% votes

British · England · Age 68

1 Sunwin Units, Guisborough, TS14 6AF

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

HSBC BANK PLC

Created 01/04/2015Registered 01/04/2015

CompanyRankvs 347+ SIC 26511 peers
62

Financial strength59th percentile among SIC peers · 15/25
Employees72th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.51× · 16/20
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 strength15/25 pts

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

Employees11/15 pts

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

Liquidity16/20 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 28/02/2025

Net Worth

£70k

Balance sheet strength

Cash

£42k

Cash in the bank

Net Current Assets

£57k

Working capital

Current Assets

£170k

Current Liabilities

£112k

Fixed Assets

£14k

Debtors

£89k

5avg. employees

Balance Sheet

Assets less current liabilities£72k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.51+£2k
20241.89-£79k
20232.81-£72k
20223.83+£42k
20211.30

Derived from filed accounts. Not audited figures.