Chinatech Sourcing Limited
05898428
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 08/08/2006
ENGINEER
BRITISH · ENGLAND · Age 58
Also on 1 other board
director · Since 29/08/2023
DIRECTOR
BRITISH · ENGLAND · Age 51
Also on 2 other boards
Persons with Significant Control
Mr Matthew Quentin Statham
British · England · Age 58
Bank Gallery, High Street, Kenilworth, CV8 1LY
Notified 06/04/2016
CompanyRankvs 1605+ SIC 25990 peers74
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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 30/09/2024
Net Worth
£436k
Balance sheet strength
Cash
£279k
Cash in the bank
Net Current Assets
£304k
Working capital
Current Assets
£386k
Current Liabilities
£82k
Fixed Assets
£140k
Debtors
£75k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 4.70 | +£40k |
| 2023 | 4.07 | +£94k |
| 2022 | 1.91 | +£81k |
| 2021 | 2.68 | +£45k |
| 2020 | 2.39 | +£47k |
| 2019 | 1.74 | +£40k |
| 2018 | 1.37 | — |
Derived from filed accounts. Not audited figures.