Classic Handtools Limited
04764498
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 16/05/2003
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 65
Also on 2 other boards
Persons with Significant Control
Mr Michael Alfred Hancock
British · England · Age 65
1, Woodstone Avenue, Ipswich, IP1 3TE
Notified 06/04/2016
CompanyRankvs 330+ SIC 47789 peers86
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/05/2025
Net Worth
£492k
Balance sheet strength
Cash
£306k
Cash in the bank
Net Current Assets
£466k
Working capital
Current Assets
£734k
Current Liabilities
£268k
Fixed Assets
£37k
Debtors
£17k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.74 | -£10k |
| 2024 | 4.09 | +£9k |
| 2023 | 4.60 | +£13k |
| 2022 | 4.83 | +£84k |
| 2021 | 4.91 | +£82k |
| 2020 | 3.05 | +£56k |
| 2019 | 3.62 | +£14k |
| 2018 | 5.39 | — |
Derived from filed accounts. Not audited figures.