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Cutter Shop Limited

06862648

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

BANKSIDE 300 PEACHMAN WAY, NORWICH, NR7 0LB
Incorporated 30/03/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46620
Wholesale of machine tools

Officers

Mrs Lorraine Lucie Rowe

secretary · Since 30/03/2009

BRITISH · ENGLAND · Age 68

Also on 6 other boards

Mrs Lorraine Lucie Rowe

director · Since 30/03/2009

DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 6 other boards

Mr Mark Anthony Rowe

director · Since 30/03/2009

DIRECTOR

BRITISH · ENGLAND · Age 73

Also on 4 other boards

Mr Justin Anthony Rowe

director · Since 01/09/2009

SALES DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 2 other boards

Mr Jason Mark Rowe

director · Since 11/12/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 2 other boards

Persons with Significant Control

Cnc World Group Limited

75–100% shares
75–100% votes
Appoint directors

Bankside 300, Peachman Way, Norwich, NR7 0LB

Reg: 10459964 · Register Of Companies · Private Limited Company

Notified 17/06/2024

Former PSCs

Mrs Lorraine Lucie Rowe

Ceased 17/06/2024

Mr Mark Anthony Rowe

Ceased 17/06/2024

Charges1 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 07/12/2018Registered 12/12/2018

CompanyRankvs 304+ SIC 46620 peers
51

Financial strength34th percentile among SIC peers · 9/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.63× · 20/20
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 strength9/25 pts

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

Employees2/15 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.

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 31/08/2023

Net Worth

£101

Balance sheet strength

Cash

£24k

Cash in the bank

Net Current Assets

£103k

Working capital

Current Assets

£166k

Current Liabilities

£63k

Debtors

£56k

0avg. employees

Balance Sheet

Assets less current liabilities£103k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20232.63
20224.72
20213.39+£38k
20201.68+£8k
20191.60

Derived from filed accounts. Not audited figures.