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Coastal Red Limited

08711244

active
Private Limited Company
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)
  • Current liabilities exceed current assets (-10)

Details

ACER ROAD, KING'S LYNN, PE34 3HN
Incorporated 30/09/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49390
Other passenger land transport

Officers

Mr Stephen Leslie Challis

director · Since 30/09/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 77

Mr Andrew Clive Warnes

director · Since 30/09/2013

DIRECTOR

BRITISH · ENGLAND · Age 47

Mr Julian Mark Patterson

director · Since 26/11/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Persons with Significant Control

Mr Julian Mark Patterson

25–50% shares
25–50% votes

British · England · Age 53

Acer Road, King's Lynn, PE34 3HN

Notified 01/07/2016

Mr Andrew Clive Warnes

25–50% shares
25–50% votes

British · England · Age 47

Acer Road, King's Lynn, PE34 3HN

Notified 01/07/2016

CompanyRankvs 144+ SIC 49390 peers
88

Financial strength100th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.23× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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144Coastal Red Limited
87
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.

Longevity13/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2024

Net Worth

£5.6M

Balance sheet strength

Cash

£3.3M

Cash in the bank

Net Current Assets

£3.1M

Working capital

Current Assets

£4.1M

Current Liabilities

£976k

Fixed Assets

£3.0M

Debtors

£819k

72avg. employees+5

Balance Sheet

Assets less current liabilities£6.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.23+£718k
20232.87—

Derived from filed accounts. Not audited figures.