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Celerity Systems Europe Limited

09915746

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

BREMSEN TECHNIK HOUSE STATION ROAD, RICHMOND, DL10 7SN
Incorporated 14/12/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45310
Wholesale trade of motor vehicle parts and accessories

Officers

Mr Brian Reginald Hall

director · Since 14/12/2015

DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 8 other boards

Persons with Significant Control

Celerity Systems Limited

25–50% shares
25–50% votes

43, Coniscliffe Road, Darlington, DL3 7EH

Reg: 07139959 · Companies House · Limited Company

Notified 13/12/2016

Former PSCs

Wolfcom Europe Limited

Ceased 02/12/2019

Charges3 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 01/03/2024Registered 05/03/2024
Charge
satisfied

HSBC UK BANK PLC

Created 25/09/2020Registered 30/09/2020Satisfied 10/03/2026
Charge
satisfied

HSBC UK BANK PLC

Created 02/09/2020Registered 21/09/2020Satisfied 30/09/2021
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 05/06/2019Registered 05/06/2019
Charge
outstanding

HSBC UK BANK PLC

Created 17/05/2019Registered 20/05/2019

CompanyRankvs 2421+ SIC 45310 peers
39

Financial strength24th percentile among SIC peers · 6/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.75× · 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 strength6/25 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.

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 31/01/2019

Net Worth

£2

Balance sheet strength

Cash

£32k

Cash in the bank

Net Current Assets

-£815k

Working capital

Current Assets

£2.5M

Current Liabilities

£3.3M

Fixed Assets

£5k

Debtors

£2.1M

4avg. employees

Balance Sheet

Assets less current liabilities-£810k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20190.75

Derived from filed accounts. Not audited figures.