Tye Tools & Abrasives Limited
05042132
Healthy
No risk factors detected.
Details
Compliance
Last accounts
31/12/2024
micro entity
Next accounts due
30/09/2026
Confirmation statement
Last: 22/02/2026
Due 08/03/2027
Industry
Officers
director · Since 30/09/2008
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 63
Also on 2 other boards
Persons with Significant Control
Mr Paul Williams
British · England · Age 63
66, Main Road, Atherstone, CV9 3EG
Notified 06/04/2016
CompanyRankvs 7119+ SIC 47990 peers63
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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 31/12/2024
Net Worth
£8k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
£53k
Current Liabilities
£46k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.17 | +£80 |
| 2023 | 1.15 | +£240 |
| 2022 | 1.15 | +£260 |
| 2021 | 1.10 | +£841 |
| 2020 | 1.10 | +£211 |
| 2019 | 1.04 | +£592 |
| 2018 | 1.12 | — |
Derived from filed accounts. Not audited figures.