Back to search

Kortec Limited

09866638

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

ZENITH POINT BELMORE WAY, DERBY, DE21 7AZ
Incorporated 11/11/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46750
Wholesale of chemical products

Officers

Mr Anthony Paul Groombridge

director · Since 11/11/2015

DIRECTOR

BRITISH · ENGLAND · Age 72

Also on 2 other boards

Mr Carl Groombridge

director · Since 11/11/2015

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 2 other boards

Mr Mark Groombridge

director · Since 11/11/2015

DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 2 other boards

Persons with Significant Control

Investeq Group Ltd

75–100% shares
75–100% votes
Appoint directors

Zenith Point, Belmore Way, Derby, DE21 7AZ

Reg: 11808728 · Register Of Companies · Private Company Limited By Shares

Notified 12/04/2019

Former PSCs

Mr Carl Groombridge

Ceased 12/04/2019

Mr Mark Groombridge

Ceased 12/04/2019

CompanyRankvs 340+ SIC 46750 peers
75

Financial strength86th percentile among SIC peers · 22/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.17× · 12/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength22/25 pts

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

Employees15/15 pts

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

Liquidity12/20 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£562k

Balance sheet strength

Cash

£309k

Cash in the bank

Net Current Assets

£195k

Working capital

Current Assets

£1.3M

Current Liabilities

£1.2M

Fixed Assets

£557k

Debtors

£674k

25avg. employees+2

Tax at Year End

Corp tax£91k

Director Loans(2023)

Company owes directors£144k

Balance Sheet

Intangible assets£21k
Assets less current liabilities£751k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.17-£162k
20231.29+£107k£963k
20221.41+£374k£1.1M
20211.14+£155k£467k
20201.24-£78k£1.1M
20191.01-£146k£765k
20181.98£708k

Derived from filed accounts. Not audited figures.