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Azatom Group Limited

05064981

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • 5 outstanding charges (-10)

Details

3 GLENARM ROAD, BILLINGHAM, TS22 5FE
Incorporated 05/03/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26400
Manufacture of consumer electronics
47910
Retail sale via mail order houses or via Internet

Officers

Elizabeth Armstrong

secretary · Since 05/03/2004

SECRETARY

BRITISH · Age 91

Mr Michael John Armstrong

director · Since 05/03/2004

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 1 other board

Persons with Significant Control

Mr Michael John Armstrong

75–100% shares
75–100% votes

British · England · Age 58

3, Glenarm Road, Billingham, TS22 5FE

Notified 06/04/2016

Charges5 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 25/02/2020Registered 28/02/2020
Charge
outstanding

HSBC UK BANK PLC

Created 10/02/2020Registered 13/02/2020
Charge
outstanding

HSBC UK BANK PLC

Created 10/02/2020Registered 13/02/2020
Charge
outstanding

TEES VALLEY VENTURES LIMITED OR THE PERSON OR BODY FOR THE TIME BEING ENTITLED TO THE BENEFIT O

Created 10/02/2020Registered 12/02/2020
Charge
outstanding

TEES VALLEY VENTURES LIMITED OR THE PERSON OR BODY FOR THE TIME BEING ENTITLED TO THE BENEFIT O

Created 10/02/2020Registered 12/02/2020

CompanyRankvs 15+ SIC 26400 peers
78

Financial strength97th percentile among SIC peers · 24/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.16× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£1.4M

Balance sheet strength

Cash

£735k

Cash in the bank

Net Current Assets

£706k

Working capital

Current Assets

£1.3M

Current Liabilities

£609k

Fixed Assets

£1.6M

Debtors

£129k

6avg. employees

Tax at Year End

Corp tax£11k

Balance Sheet

Intangible assets£1k
Bank loans & overdrafts£925k
Assets less current liabilities£2.3M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20252.16+£0
20252.16+£181k
20241.77+£13k
20231.93+£74k
20221.84+£253k
20211.48+£125k
20201.34+£106k
20191.49—

Derived from filed accounts. Not audited figures.