Industrial Cutting Tools Limited
09352585
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 12/12/2014
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 47
Also on 4 other boards
Charges1 outstanding
BIBBY FINANCIAL SERVICES LIMITED (AS SECURITY TRUSTEE)
CompanyRankvs 556+ SIC 25730 peers29
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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.
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
-£10k
Balance sheet strength
Cash
£486
Cash in the bank
Net Current Assets
-£10k
Working capital
Current Assets
£684
Current Liabilities
£11k
Fixed Assets
£69
Debtors
£198
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 0.07 | -£5k |
| 2022 | 0.42 | +£12 |
| 2021 | 0.56 | +£45 |
| 2020 | 0.51 | +£1k |
| 2019 | 0.52 | +£6k |
| 2018 | 0.47 | — |
Derived from filed accounts. Not audited figures.