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Elite Coatings International Limited

05939665

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 1 INNOVATION DRIVE, BURNLEY, BB10 2RZ
Incorporated 19/09/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25610
Treatment and coating of metals

Officers

Mr Neal Anthony Fox

secretary · Since 19/09/2006

BRITISH · Age 60

Also on 8 other boards

Mrs Jacqueline Anne Bailey

director · Since 19/09/2006

SECRETARY

ENGLISH · ENGLAND · Age 69

Also on 1 other board

Mr David Stuart Lees

director · Since 17/08/2023

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 1 other board

Former

Mr Michael Anthony Bailey

director · Resigned 05/07/2026

Persons with Significant Control

Mr Michael Anthony Bailey

25–50% shares
25–50% votes

British · United Kingdom · Age 69

Unit 1, Innovation Drive, Burnley, BB10 2RZ

Notified 06/04/2016

Mrs Jacqueline Anne Bailey

25–50% shares
25–50% votes

English · England · Age 69

8, Burnsall Place, Nelson, BB9 8RF

Notified 01/10/2016

Charges2 outstanding

Charge
outstanding

CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)

Created 25/06/2020Registered 09/07/2020
Charge
outstanding

CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)

Created 04/05/2018Registered 10/05/2018
charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 21/09/2011Registered 24/09/2011Satisfied 09/04/2019

CompanyRankvs 412+ SIC 25610 peers
55

Financial strength65th percentile among SIC peers · 16/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.78× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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412Elite Coatings International Limited
61
How is this score calculated?
Financial strength16/25 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.

Liquidity6/20 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 30/09/2025

Net Worth

£137k

Balance sheet strength

Cash

£40k

Cash in the bank

Net Current Assets

-£116k

Working capital

Current Assets

£413k

Current Liabilities

£529k

Fixed Assets

£382k

Debtors

£357k

16avg. employees+16

Balance Sheet

Assets less current liabilities£266k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.78-£115k
20240.93-£141k
20231.21+£137k
20221.19+£22k
20211.20—

Derived from filed accounts. Not audited figures.