Coventry Centreless Grinding Limited
06834103
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Simon Andrew Borton
British · England · Age 61
Unit 12, Lythalls Lane Industrial Estate, Lythalls Lane, Coventry, CV6 6FL
Notified 01/07/2016
Mr Kevin Farrow
British · England · Age 59
Unit 12, Lythalls Lane Industrial Estate, Lythalls Lane, Coventry, CV6 6FL
Notified 01/07/2016
Former PSCs
Mr Peter Conway
Ceased 24/04/2023
CompanyRankvs 6159+ SIC 71129 peers69
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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 31/03/2025
Net Worth
£41k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£28k
Working capital
Current Assets
£175k
Current Liabilities
£200k
Fixed Assets
£25k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.87 | -£32k |
| 2024 | 1.37 | -£19k |
| 2023 | 1.53 | +£24k |
| 2022 | 2.02 | +£19k |
| 2021 | 1.59 | -£15k |
| 2020 | 1.67 | -£2k |
| 2019 | 1.94 | — |
Derived from filed accounts. Not audited figures.