Cofton Drives Limited
06864744
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Michael John Galllagher
English · England · Age 78
18, Ashmead Drive, Birmingham, B45 8AA
Notified 01/01/2017
CompanyRankvs 31871+ SIC 74909 peers50
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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
£100
Balance sheet strength
Cash
£59k
Cash in the bank
Net Current Assets
-£147k
Working capital
Current Assets
£84k
Current Liabilities
£231k
Debtors
£294
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.36 |
| 2024 | 0.33 |
| 2023 | 0.28 |
| 2022 | 0.20 |
| 2021 | 0.22 |
| 2020 | 0.27 |
| 2019 | 0.10 |
Derived from filed accounts. Not audited figures.