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Classic Handtools Limited

04764498

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

BURY LODGE, STOWMARKET, IP14 1JA
Incorporated 14/05/2003

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 24/06/2026

Due 08/07/2027

On track

Industry

47789
Other retail sale of new goods in specialised stores

Officers

Mary Elizabeth Hancock

secretary · Since 16/05/2003

BRITISH

Also on 1 other board

Mr Michael Alfred Hancock

director · Since 16/05/2003

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 2 other boards

Persons with Significant Control

Mr Michael Alfred Hancock

75–100% shares

British · England · Age 65

1, Woodstone Avenue, Ipswich, IP1 3TE

Notified 06/04/2016

CompanyRankvs 319+ SIC 47789 peers
86

Financial strength93th percentile among SIC peers · 23/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 3.13× · 20/20
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 strength23/25 pts

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

Employees13/15 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.

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

Key FinancialsYear ending 31/05/2026

Net Worth

£499k

Balance sheet strength

Cash

£204k

Cash in the bank

Net Current Assets

£480k

Working capital

Current Assets

£705k

Current Liabilities

£225k

Fixed Assets

£26k

Debtors

£29k

8avg. employees

Balance Sheet

Bank loans & overdrafts£893
Assets less current liabilities£506k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20263.13+£7k
20252.74-£10k
20244.09+£9k
20234.60

Derived from filed accounts. Not audited figures.