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Sulnox Research & Development Ltd

08332350

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

10 ORANGE STREET, LONDON, WC2H 7DQ
Incorporated 14/12/2012

Compliance

Last accounts

31/03/2025

small

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 14/12/2025

Due 28/12/2026

On track

Industry

20590
Manufacture of other chemical products
72190
Other research and experimental development on natural sciences and engineering

Officers

Mr Steven Cowin

director · Since 05/10/2021

CHIEF FINANCIAL OFFICER

BRITISH · ISLE OF MAN · Age 50

Also on 1 other board

Persons with Significant Control

Sulnox Group Plc

75–100% shares
75–100% votes
Appoint directors

10-12, Orange Street, London, WC2H 7DQ

Reg: 08449586 · Companies House · Public Limited Company

Notified 06/04/2016

Former PSCs

Mr Rickie Dean Joseph Leggatt

Ceased 06/04/2016

CompanyRankvs 579+ SIC 20590 peers
34

Financial strength14th percentile among SIC peers · 4/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.11× · 2/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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579Sulnox Research & Development Ltd
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How is this score calculated?
Financial strength4/25 pts

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

Employees9/15 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.

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

before investing in order to mitigate against the associated credit risk. Cash flow risk The company’s objectives when managing capital are to safeguard the company’s ability to continue as a going concern, in order to provide returns for shareholders and to enable the company to continue its research and development activities. The company has no external repayable debt at 31 March 2021 and defin

Key FinancialsYear ending 31/03/2021

Net Worth

£1

Balance sheet strength

Cash

—

Cash in the bank

Profit Before Tax

-£26k

Bottom line earnings

Net Current Assets

-£346k

Working capital

Current Assets

£41k

Current Liabilities

£387k

Fixed Assets

£4k

Debtors

£3k

Cost of Sales

£0

Admin Expenses

£26k

Operating Profit

-£26k

Profit After Tax

-£12k

2avg. employees

Balance Sheet

Intangible assets£789
Assets less current liabilities-£342k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20210.11

Derived from filed accounts. Not audited figures.