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Cutting Edge Diamond Drilling Limited

08165020

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

47 WHITE ROAD, OXFORD, OX4 2JJ
Incorporated 02/08/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Mr Simon Gary Ledward Bsc Honours

director · Since 02/08/2012

CONSTRUCTION

BRITISH · ENGLAND · Age 50

Also on 2 other boards

Persons with Significant Control

Mr Simon Gary Ledward

75–100% shares
75–100% votes

British · England · Age 50

47, White Road, Oxford, OX4 2JJ

Notified 02/08/2016

CompanyRankvs 3336+ SIC 43999 peers
70

Financial strength75th percentile among SIC peers · 19/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.16× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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3336Cutting Edge Diamond Drilling Limited
80
How is this score calculated?
Financial strength19/25 pts

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

Employees12/15 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

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

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's

Key FinancialsYear ending 31/08/2025

Net Worth

£50k

Balance sheet strength

Cash

£28k

Cash in the bank

Net Current Assets

£34k

Working capital

Current Assets

£63k

Current Liabilities

£29k

Fixed Assets

£16k

Debtors

£31k

3avg. employees

Balance Sheet

Assets less current liabilities£50k
Signed by Mr S Ledward,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent Ratio
20252.16
20243.25
20233.96

Derived from filed accounts. Not audited figures.