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N W Industrial Coatings Limited

04950006

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

BANK HOUSE GAINSBOROUGH ROAD, NEWARK, NG23 7HX
Incorporated 31/10/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing
43341
Painting
71129
Other engineering activities

Officers

Mr Nigel Ward

director · Since 31/10/2003

INDUSTRIAL PAINTER

BRITISH · ENGLAND · Age 61

Also on 1 other board

Persons with Significant Control

Mr Nigel Ward

75–100% shares

British · England · Age 61

The Garden House, 6 Salisbury Close, Lincoln, LN1 2FS

Notified 06/04/2016

CompanyRankvs 3966+ SIC 32990 peers
70

Financial strength72th percentile among SIC peers · 18/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 3.17× · 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 strength18/25 pts

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

Employees2/15 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 30/11/2024

Net Worth

£122k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£66k

Working capital

Current Assets

£94k

Current Liabilities

£30k

Fixed Assets

£57k

-4avg. employees

Balance Sheet

Assets less current liabilities£123k
Prepared with v2025.18.1 micro_entity_frs_105_v1_1_2 filing

EstimatesDerived

YearCurrent RatioImplied Profit
20243.17+£10k
20231.83+£17k
20221.47-£32k
20211.71+£37k
20201.63-£11k
20191.69+£55k
20181.15

Derived from filed accounts. Not audited figures.