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Celtic Composites Ltd

08271461

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

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

Details

UNIT 5 CAERBONT ENTERPRISE PARK, SWANSEA, SA9 1SW
Incorporated 29/10/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr Ceirwyn Watkins

director · Since 29/10/2012

GRP MANUFACTERING

WELSH · WALES · Age 64

Mrs Tracy Watkins

director · Since 29/10/2012

GRP MANUFACTERING

WELSH · WALES · Age 53

Persons with Significant Control

Mrs Tracy Watkins

25–50% shares

Welsh · Wales · Age 53

Unit 5 Caerbont Enterprise Park, Caerbont, Abercrave, Swansea, SA9 1SW

Notified 29/10/2016

Mr Ceirwyn Watkins

50–75% shares

Welsh · Wales · Age 64

Unit 5 Caerbont Enterprise Park, Caerbont, Abercrave, Swansea, SA9 1SW

Notified 29/10/2016

CompanyRankvs 4410+ SIC 32990 peers
59

Financial strength63th percentile among SIC peers · 16/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.48× · 12/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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4410Celtic Composites Ltd
68
How is this score calculated?
Financial strength16/25 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.

Liquidity12/20 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

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/10/2025

Net Worth

£42k

Balance sheet strength

Cash

£66k

Cash in the bank

Net Current Assets

£40k

Working capital

Current Assets

£125k

Current Liabilities

£85k

Fixed Assets

£3k

Debtors

£45k

7avg. employees-1

Balance Sheet

Assets less current liabilities£43k
Signed by Mr Ceirwyn Watkins 8 April 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.48-£38k
20242.01-£22k
20232.25—

Derived from filed accounts. Not audited figures.