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Advanced Technology Cutting Limited

09609570

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

403 BRADFORD ROAD, BATLEY, WF17 5LY
Incorporated 27/05/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr Christopher Paul Irvine Taylor

director · Since 27/05/2015

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 5 other boards

Persons with Significant Control

Mr Christopher Paul Irvine Taylor

significant-influence-or-control-as-firm

British · England · Age 58

403, Bradford Road, Batley, WF17 5LY

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 22/01/2024Registered 31/01/2024
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 11/09/2019Registered 12/09/2019
Charge
outstanding

HSBC UK BANK PLC

Created 30/01/2019Registered 01/02/2019

CompanyRankvs 7333+ SIC 32990 peers
48

Financial strength51th percentile among SIC peers · 13/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.7× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength13/25 pts

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

Employees13/15 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.

Longevity11/15 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.

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 30/09/2024

Net Worth

£9k

Balance sheet strength

Cash

£392

Cash in the bank

Net Current Assets

-£237k

Working capital

Current Assets

£548k

Current Liabilities

£785k

Fixed Assets

£334k

Debtors

£454k

12avg. employees+11

Balance Sheet

Bank loans & overdrafts£58k
Assets less current liabilities£97k
Signed by 09609570 2023-10-01 2024-09-30 09609570 2024-09-30 09609570 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2024-09-30 Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.70-£91k
20230.84-£11k
20221.04+£62k
20211.05

Derived from filed accounts. Not audited figures.