Cumming Europe Ltd.
09938160
Notable Risks
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 7 outstanding charges (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/10/2019
CHIEF FINANCIAL OFFICER
AMERICAN · UNITED STATES · Age 53
Also on 6 other boards
director · Since 01/10/2019
EXECUTIVE VICE PRESIDENT
AMERICAN · UNITED STATES · Age 48
Also on 6 other boards
director · Since 03/01/2024
CHIEF HUMAN RESOURCE OFFICER
AMERICAN · UNITED STATES · Age 62
Persons with Significant Control
Cumming Management Group, Inc.
276, Post Road W, Westport
Reg: N/A · State Of California · Incorporated (Ltd)
Notified 06/04/2016
Charges7 outstanding
WILMINGTON TRUST, NATIONAL ASSOCIATION
WILMINGTON TRUST, NATIONAL ASSOCIATION
WILMINGTON TRUST, NATIONAL ASSOCIATION
WILMINGTON TRUST, NATIONAL ASSOCIATION
WILMINGTON TRUST, NATIONAL ASSOCIATION
WILMINGTON TRUST, NATIONAL ASSOCIATION IN ITS CAPACITY AS COLLATERAL AGENT AS AGENT AND TRUSTEE
WILMINGTON TRUST, NATIONAL ASSOCIATION
CompanyRankvs 14399+ SIC 74909 peers51
Show leaderboard
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
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d
Key FinancialsYear ending 31/12/2023
Net Worth
£3.7M
Balance sheet strength
Cash
£38k
Cash in the bank
Net Current Assets
-£1.7M
Working capital
Current Assets
£56.0M
Current Liabilities
£57.8M
Fixed Assets
£48.4M
Debtors
£56.0M
Profit After Tax
-£5.6M
Tax at Year End(2019)
People Costs(2020)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 0.97 | -£847k |
| 2021 | 0.30 | +£3.2M |
| 2020 | 0.32 | -£332k |
| 2019 | 0.36 | +£660k |
| 2018 | 1.45 | — |
Derived from filed accounts. Not audited figures.