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Commodity Centre Europe Limited

10259752

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

COMMODITY HOUSE BRAXTED ROAD, WITHAM, CM8 3EW
Incorporated 01/07/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

52103
52103

Officers

Mr Alec Gunn

director · Since 01/07/2016

DIRECTOR

BRITISH · ENGLAND · Age 72

Also on 6 other boards

Andrew Jordan

director · Since 01/07/2016

DIRECTOR

BRITISH · ENGLAND · Age 42

Mr Dean Warriner

director · Since 01/07/2016

DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 13 other boards

Persons with Significant Control

Mr Alec Gunn

ownership-of-shares-75-to-100-percent-as-firm
voting-rights-75-to-100-percent-as-firm
Appoint directors
right-to-appoint-and-remove-directors-as-firm
Significant control

British · England · Age 72

Commodity House, Braxted Road, Witham, CM8 3EW

Notified 01/07/2016

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 01/02/2019Registered 05/02/2019
Charge
satisfied

BARCLAYS BANK PLC

Created 03/03/2018Registered 07/03/2018Satisfied 13/02/2019
Charge
satisfied

BARCLAYS BANK PLC

Created 14/09/2017Registered 15/09/2017Satisfied 13/02/2019

CompanyRankvs 343+ SIC 52103 peers
62

Financial strength98th percentile among SIC peers · 25/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 18.4× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees12/15 pts

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

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity10/15 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

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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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 co

Key FinancialsYear ending 31/03/2025

Turnover

£17.8M

Annual revenue

Net Worth

£5.9M

Balance sheet strength

Cash

£1k

Cash in the bank

Profit Before Tax

-£37k

Bottom line earnings

Net Current Assets

£5.8M

Working capital

Current Assets

£6.1M

Current Liabilities

£333k

Fixed Assets

£69k

Debtors

£6.1M

Cost of Sales

£17.7M

Gross Profit

£50k

Admin Expenses

£74k

Operating Profit

-£24k

Profit After Tax

-£37k

3avg. employees

Tax at Year End

Dividends paid-£1.0M

Balance Sheet

Assets less current liabilities£5.9M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
202518.40-£637k
202461.88+£2.1M
20231.99+£606k
20222.04+£533k
20216.28

Derived from filed accounts. Not audited figures.