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Cresatech Limited

07753223

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

2 PAVILLION COURT, NORTHAMPTON, NN4 7SL
Incorporated 25/08/2011

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 31/05/2026

Due 14/06/2027

On track

Industry

27900
Manufacture of other electrical equipment

Officers

Mr Simon Nash

director · Since 20/03/2012

FINANCE DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 7 other boards

Mr John Bryan Wybrew

director · Since 15/01/2014

CHAIRMAN

ENGLISH · ENGLAND · Age 84

Also on 1 other board

Mr William James Berry

director · Since 10/05/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 76

Also on 2 other boards

Mr Paul Burton

director · Since 21/12/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 16 other boards

Persons with Significant Control

Mr William James Berry

25–50% shares
25–50% votes

British · England · Age 76

2 Pavillion Court, 600 Pavilion Drive, Northampton, NN4 7SL

Notified 10/12/2020

Former PSCs

Mr William James Berry

Ceased 16/10/2017

Mr Simon Nash

Ceased 01/12/2020

CompanyRankvs 1746+ SIC 27900 peers
36

Financial strength2th percentile among SIC peers · 1/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£240k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£240k

Working capital

Current Assets

£2k

Current Liabilities

£243k

0avg. employees

Balance Sheet

Assets less current liabilities-£240k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.01-£14k
20230.01-£18k
20220.02-£24k
20210.13-£4k
20200.14-£316k
20191.65-£78k
20182.10

Derived from filed accounts. Not audited figures.