Chemastic Ltd
08760100
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Former
director · Resigned 31/07/2026
Persons with Significant Control
Mr Terry Gordon Smith
British · England · Age 62
Flat 1, Inwood Lodge, Marton, TS7 8AP
Notified 31/07/2026
Former PSCs
Mr David Norman Brown
Ceased 31/07/2026
Mr Terry Gordon Smith
Ceased 29/04/2025
Mrs Bridget Amanda Brown
Ceased 31/07/2026
CompanyRankvs 59071+ SIC 96090 peers50
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 28/11/2025
Net Worth
-£20k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£9k
Working capital
Current Assets
£46k
Current Liabilities
£55k
Fixed Assets
£20k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.83 | +£10k |
| 2024 | 1.08 | +£2k |
| 2023 | 0.55 | — |
Derived from filed accounts. Not audited figures.