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Coyle Equipment Services Limited

07528982

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

UNIT 1 CANAL WHARF, GREENFORD, UB6 7PH
Incorporated 14/02/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

33120
Repair of machinery
33190
Repair of other equipment
77320
Renting and leasing of construction and civil engineering machinery and equipment

Officers

Mr William Bernard Coyle

director · Since 14/02/2011

DIRECTOR

IRISH · UNITED KINGDOM · Age 37

Also on 3 other boards

Persons with Significant Control

Canal Wharf Holdings Ltd

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

Unit 1 Canal Wharf, Horsenden Lane North, Greenford, UB6 7PH

Reg: 11799247 · England And Wales · Private Company Limited By Shares

Notified 20/05/2019

Former PSCs

Mr William Coyle

Ceased 20/05/2019

Charges3 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 08/05/2018Registered 14/05/2018
Charge
outstanding

BARCLAYS BANK PLC

Created 26/11/2015Registered 04/12/2015
Charge
outstanding

BARCLAYS BANK PLC

Created 30/10/2015Registered 03/11/2015

CompanyRankvs 293+ SIC 33120 peers
66

Financial strength100th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.8× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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.

Liquidity16/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to going con

Key FinancialsYear ending 31/07/2025

Turnover

£14.8M

Annual revenue

Net Worth

£10.4M

Balance sheet strength

Cash

£3.1M

Cash in the bank

Profit Before Tax

£2.5M

Bottom line earnings

Net Current Assets

£4.4M

Working capital

Current Assets

£10.0M

Current Liabilities

£5.6M

Fixed Assets

£6.4M

Debtors

£5.0M

Cost of Sales

£5.5M

Gross Profit

£9.2M

Admin Expenses

£6.8M

Operating Profit

£2.4M

Profit After Tax

£2.0M

54avg. employees+12

Tax at Year End

Corp tax£122k
Dividends paid-£1.5M

People Costs

Wages & salaries£2.1M
NI contributions£245k

Balance Sheet

Bank loans & overdrafts£342k
Assets less current liabilities£10.9M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20251.80+£454k
20241.94-£66k
20232.31+£5.2M
20211.76

Derived from filed accounts. Not audited figures.