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Corrosion Prevention Limited

06208395

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

UNIT 2 01, WALKERS RISE CANNOCK, WS12 0QU
Incorporated 11/04/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71122
Engineering related scientific and technical consulting activities

Officers

Sarah Jane Preston

secretary · Since 11/04/2007

BRITISH

Mr James Preston B Eng Micorr

director · Since 11/04/2007

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Persons with Significant Control

Mr James Preston

25–50% shares

British · United Kingdom · Age 56

Unit 2 01, Walkers Rise Cannock, WS12 0QU

Notified 06/04/2016

Mrs Sarah Preston

25–50% shares

British · England · Age 54

Unit 2 01, Walkers Rise Cannock, WS12 0QU

Notified 06/04/2016

CompanyRankvs 164+ SIC 71122 peers
89

Financial strength94th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.12× · 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 strength24/25 pts

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

Employees15/15 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 31/03/2025

Net Worth

£288k

Balance sheet strength

Cash

£289k

Cash in the bank

Net Current Assets

£279k

Working capital

Current Assets

£410k

Current Liabilities

£131k

Fixed Assets

£12k

Debtors

£121k

Profit After Tax

£43k

10avg. employees

Tax at Year End

Corp tax£48k
Dividends paid£80k

Balance Sheet

Assets less current liabilities£291k
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20253.12+£37k
20243.09-£37k
20233.48

Derived from filed accounts. Not audited figures.