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Coral Tools Ltd

08126589

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

UNIT G1 GILDERSOME SPUR, MORLEY, LS27 7JZ
Incorporated 02/07/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46740
Wholesale of hardware, plumbing and heating equipment and supplies

Officers

Mr Matthew James Page

director · Since 02/07/2012

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 1 other board

Tyrone Rigg

director · Since 09/04/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Mrs Catherine Ann Lloyd

director · Since 01/08/2020

DIRECTOR

BRITISH · ENGLAND · Age 46

Mrs Jane Ann Naylor

director · Since 10/02/2026

BRITISH · ENGLAND · Age 57

Persons with Significant Control

Solmare Limited

Significant control

Unit G1, Gildersome Spur, Leeds, LS27 7JZ

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 09/09/2020Registered 18/09/2020
Charge
satisfied

HSBC UK BANK PLC

Created 13/08/2018Registered 15/08/2018Satisfied 14/07/2022

CompanyRankvs 145+ SIC 46740 peers
77

Financial strength95th percentile among SIC peers · 24/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.03× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
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145Coral Tools Ltd
86
How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 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.

Longevity14/15 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 31/12/2024

Net Worth

£2.5M

Balance sheet strength

Cash

£1.1M

Cash in the bank

Net Current Assets

£2.1M

Working capital

Current Assets

£4.1M

Current Liabilities

£2.0M

Fixed Assets

£417k

Debtors

£1.3M

17avg. employees+1

Tax at Year End

Corp tax£148k

Balance Sheet

Intangible assets£305k
Assets less current liabilities£2.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.03+£320k
20232.23+£369k
20221.95+£524k
20211.89+£167k
20201.85+£538k
20191.70+£231k
20181.66—

Derived from filed accounts. Not audited figures.