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Accrofab Advanced Titanium Forming Limited

07754118

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

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

ACCROFAB ADVANCED TITANIUM FORMING LIMITED, WELWYN GARDEN CITY, AL7 1LT
Incorporated 26/08/2011

Compliance

Last accounts

31/03/2025

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 30/06/2025

Due 14/07/2026

On track

Industry

24450
Other non-ferrous metal production

Officers

Edward Julian Ashworth

director · Since 24/01/2025

British

Mark Andrew Bailey

director · Since 31/05/2024

British

Simon Anthony Ward

director · Since 31/05/2024

British

Former

Petra Papinniemi-Ainger

secretary · Resigned 31/05/2024

Monalito Bugarcic

director · Resigned 31/05/2024

Kay Louise Dowdall

director · Resigned 15/01/2016

Lluis Maria Fargas Mas

director · Resigned 31/08/2020

David Hall

director · Resigned 23/07/2015

Dawne Hickton

director · Resigned 23/07/2015

Luis Filipe Fernandes Joao

director · Resigned 27/09/2018

Harald Martin Klein

director · Resigned 31/05/2024

James Leroy Mccarley

director · Resigned 24/09/2015

Jeffrey Howard Smith

director · Resigned 23/11/2011

Graham Dennis Vickers

director · Resigned 31/05/2024

Graham Dennis Vickers

director · Resigned 15/10/2018

Simon James Wareham

director · Resigned 27/02/2020

Stuart Paul Wright

director · Resigned 31/03/2017

CompanyRankvs 105+ SIC 24450 peers
80

Financial strength98th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.52× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

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

Going concern doubt: -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 directors with respect to going co

Key FinancialsYear ending 31/03/2025

Turnover

£18.7M

Annual revenue

Net Worth

£10.2M

Balance sheet strength

Cash

£1.8M

Cash in the bank

Profit Before Tax

-£2.4M

Bottom line earnings

Net Current Assets

£8.5M

Working capital

Current Assets

£14.1M

Current Liabilities

£5.6M

Fixed Assets

£1.7M

Debtors

£7.0M

Cost of Sales

£13.3M

Gross Profit

£5.5M

Admin Expenses

£3.3M

Operating Profit

-£2.4M

Profit After Tax

-£2.2M

75avg. employees

Tax at Year End

Dividends paid-£1.7M

People Costs

Wages & salaries£4.7M
NI contributions£469k

Balance Sheet

Bank loans & overdrafts£436k
Assets less current liabilities£10.2M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent Ratio
20252.52

Derived from filed accounts. Not audited figures.