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Alco Knitting Machine Services Limited

04527069

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

UNIT J2 LOWMOOR COURT, KIRKBY IN ASHFIELD, NG17 7DG
Incorporated 05/09/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28940
Manufacture of machinery for textile, apparel and leather production

Officers

Mr John William Corah

director · Since 05/09/2002

ENGINEER

BRITISH · ENGLAND · Age 53

Also on 3 other boards

Mrs Sally Victoria Corah

director · Since 06/10/2009

MANAGER

BRITISH · ENGLAND · Age 54

Persons with Significant Control

Mr John William Corah

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 53

Unit J2 Lowmoor Court, Lowmoor Business Park, Kirkby In Ashfield, NG17 7DG

Notified 06/04/2016

Mrs Sally Victoria Corah

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

British · United Kingdom · Age 54

Unit J2 Lowmoor Court, Lowmoor Business Park, Kirkby In Ashfield, NG17 7DG

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

HSBC BANK PLC

Created 28/01/2015Registered 28/01/2015Satisfied 17/04/2019

CompanyRankvs 50+ SIC 28940 peers
59

Financial strength61th percentile among SIC peers · 15/25
Employees51th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.93× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Employees8/15 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.

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

Key FinancialsYear ending 30/09/2024

Net Worth

£49k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£12k

Working capital

Current Assets

£153k

Current Liabilities

£165k

Fixed Assets

£76k

1avg. employees

Balance Sheet

Assets less current liabilities£64k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.93-£5k
20231.22+£13k
20221.08-£27k
20211.97

Derived from filed accounts. Not audited figures.