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Cutting Edge Fabrics Limited

09828130

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

BERKELEY COACH HOUSE WOODS HILL, BATH, BA2 7FS
Incorporated 16/10/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47510
Retail sale of textiles in specialised stores

Officers

Mr Warren David Ellis

director · Since 16/10/2015

RETAILER

BRITISH · UNITED KINGDOM · Age 54

Also on 1 other board

Mr Davey Lewis

director · Since 16/10/2015

RETAILER

BRITISH · ENGLAND · Age 61

Also on 1 other board

Persons with Significant Control

Mr Davey Lewis

25–50% shares

British · United Kingdom · Age 61

Berkeley Coach House, Woods Hill, Bath, BA2 7FS

Notified 01/10/2016

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 18/08/2017Registered 07/09/2017
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 01/06/2017Registered 06/06/2017

CompanyRankvs 657+ SIC 47510 peers
60

Financial strength94th percentile among SIC peers · 24/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.55× · 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 strength24/25 pts

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

Employees14/15 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 30/11/2024

Net Worth

£232k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£162k

Working capital

Current Assets

£199k

Current Liabilities

£361k

Fixed Assets

£394k

8avg. employees+16

Balance Sheet

Assets less current liabilities£232k
Prepared with FreeAgent

EstimatesDerived

YearCurrent RatioImplied Profit
20240.55+£11k
20231.93

Derived from filed accounts. Not audited figures.