Duratec (Reading) Limited
10375935
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Andrew James Tipper
British · England · Age 44
12, Hawthornes, Reading, RG31 6FN
Notified 14/09/2024
Mr James Peter Spokes
British · England · Age 49
12, Hawthornes, Reading, RG31 6FN
Notified 14/09/2024
Former PSCs
Mr Keith Malcolm Tipper
Ceased 14/09/2024
CompanyRankvs 6103+ SIC 43210 peers74
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/10/2024
Net Worth
£75k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£70k
Working capital
Current Assets
£78k
Current Liabilities
£8k
Fixed Assets
£5k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 9.80 | +£5k |
| 2023 | 2.91 | -£15k |
| 2022 | 2.65 | +£8k |
| 2021 | 3.11 | +£5k |
| 2020 | 1.64 | -£4k |
| 2019 | 1.98 | +£9k |
| 2018 | 1.86 | — |
Derived from filed accounts. Not audited figures.