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Coolair Bus & Rail Limited

06582592

active
Private Limited Company
england wales
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

COOLAIR BUS & RAIL LIMITED, LINCOLN, LN6 7QY
Incorporated 01/05/2008

Compliance

Last accounts

30/09/2025

total exemption full

Next accounts due

30/06/2027

On track

Confirmation statement

Last: 16/05/2026

Due 30/05/2027

On track

Industry

24200
Manufacture of tubes, pipes, hollow profiles and related fittings, of steel
24320
Cold rolling of narrow strip
24330
Cold forming or folding
28250
Manufacture of non-domestic cooling and ventilation equipment

Officers

Mr Reginald Lewis Ford

director · Since 01/05/2008

DIRECTOR

BRITISH · UNITED KINGDOM · Age 70

Also on 2 other boards

Mr Nathan Garratt

director · Since 27/03/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 32

Also on 3 other boards

Mr Dale Speck

director · Since 27/03/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 3 other boards

Persons with Significant Control

Iron Horse Industries Ltd

75–100% shares

Coolair Bus & Rail Ltd, Deacon Road, Lincoln, LN2 4JB

Reg: 07208122 · England · Limited Company

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 27/01/2025Registered 31/01/2025
Charge
outstanding

HSBC UK BANK PLC

Created 18/05/2020Registered 02/06/2020
Charge
outstanding

AMICUS COMMERCIAL FINANCE NO 1 LIMITED

Created 25/08/2017Registered 06/09/2017

CompanyRankvs 140+ SIC 24200 peers
61

Financial strength82th percentile among SIC peers · 21/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.9× · 6/20
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 strength21/25 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.

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

£273k

Balance sheet strength

Cash

£140

Cash in the bank

Net Current Assets

-£198k

Working capital

Current Assets

£1.8M

Current Liabilities

£2.0M

Fixed Assets

£655k

Debtors

£1.0M

38avg. employees+2

Balance Sheet

Intangible assets£3k
Bank loans & overdrafts£152k
Assets less current liabilities£457k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.90-£258k
20241.08+£113k
20231.17

Derived from filed accounts. Not audited figures.