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Acetastic Ltd

09231668

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

15 REPTON DRIVE, COVENTRY, CV6 7LU
Incorporated 23/09/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

24100
Manufacture of basic iron and steel and of ferro-alloys

Officers

Mr Graham Varma

secretary · Since 23/09/2014

Also on 1 other board

Mr Graham Varma

director · Since 23/09/2014

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 1 other board

Persons with Significant Control

Mr Graham Varma

75–100% shares

British · England · Age 55

15, Repton Drive, Coventry, CV6 7LU

Notified 06/04/2016

CompanyRankvs 387+ SIC 24100 peers
41

Financial strength9th percentile among SIC peers · 2/25
Employees38th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.57× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity12/15 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

£1

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£3k

Current Liabilities

£6k

Fixed Assets

£4k

1avg. employees

Tax at Year End

Corp tax£5k

Balance Sheet

Assets less current liabilities£2k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20240.57
20231.59
20220.46
20210.34
20200.96
20190.92
20181.66

Derived from filed accounts. Not audited figures.