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Specialist Paint Coatings (London) Limited

09231814

activeactive proposal to strike off
ltd
england wales
Companies House
Accounts overdue
Health Score
58 / 100

Notable Risks

10/30
Filing
10/30
Financial
38/40
Risk
  • Accounts filing overdue (-15)
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

25 Bridge Road, Llandaff North, Cardiff, CF14 2JL
Incorporated 23/09/2014

Compliance

Last accounts

31/12/2023

total exemption full

Next accounts due

30/09/2025

Overdue

Confirmation statement

Last: 30/09/2025

Due 14/10/2026

On track

Industry

96090
Other personal service activities

Officers

Asa Richard Harries

director · Since 23/09/2014

British · Wales · Age 52

Persons with Significant Control

Mr Asa Richard Harries

75–100% shares
75–100% votes

British · Wales · Age 52

33, Llewelyn Goch, Cardiff, CF5 6HR

Notified 06/04/2016

Charges1 outstanding

Charge
satisfied

LLOYDS BANK PLC

Created 29/07/2019Registered 16/08/2019Satisfied 06/04/2026
Charge
outstanding

LLOYDS BANK PLC

Created 25/04/2019Registered 25/04/2019

Change History

post townCardiff
2026-06-06

CARDIFF

statusactive
2026-06-06

Active

typeltd
2026-06-06

Private Limited Company

address line125 Bridge Road
2026-06-06

25 BRIDGE ROAD

officer appointedHARRIES, Asa Richard
2026-06-06

CompanyRankvs 29304+ SIC 96090 peers
57

Financial strength91th percentile among SIC peers · 23/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.97× · 16/20
Longevity12 years trading (max 15) · 12/15
Filing complianceOne filing overdue · 5/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees11/15 pts

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

Liquidity16/20 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 compliance5/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2023

Net Worth

£168k

Balance sheet strength

Cash

£17k

Cash in the bank

Net Current Assets

£86k

Working capital

Current Assets

£175k

Current Liabilities

£89k

Fixed Assets

£145k

Debtors

£158k

2avg. employees+1

Tax at Year End(2018)

Dividends paid£48k

Balance Sheet

Assets less current liabilities£232k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20231.97+£580
2022-£21k
20211.81-£96k
20202.16-£93k
20194.16
20184.39

Derived from filed accounts. Not audited figures.