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Carbide (Uk) Limited

10440807

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

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

Details

ROTARY HOUSE, HULL, HU5 4HF
Incorporated 21/10/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

33110
Repair of fabricated metal products
46620
Wholesale of machine tools

Officers

Mr Michael John Witherwick

director · Since 31/07/2017

DIRECTOR

BRITISH · ENGLAND · Age 41

Mr Laurence Witherwick

director · Since 01/10/2019

CO DIRECTOR

BRITISH · ENGLAND · Age 70

Also on 2 other boards

Mr David Robert Ince

director · Since 01/02/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Persons with Significant Control

Mr Michael John Witherwick

25–50% shares
25–50% votes

British · England · Age 41

Rotary House, Bontoft Avenue, Hull, HU5 4HF

Notified 31/07/2017

Mr Laurence Witherwick

25–50% shares
25–50% votes

British · England · Age 70

Rotary House, Bontoft Avenue, Hull, HU5 4HF

Notified 24/01/2019

Former PSCs

Ns Tooling Services Limited

Ceased 06/01/2023

Mrs Anita Longden

Ceased 24/01/2019

Charges1 outstanding

Charge
outstanding

RBS INVOICE FINANCE LTD

Created 19/09/2024Registered 19/09/2024

CompanyRankvs 199+ SIC 33110 peers
51

Financial strength81th percentile among SIC peers · 20/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.03× · 12/20
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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199Carbide (Uk) Limited
70
How is this score calculated?
Financial strength20/25 pts

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

Employees14/15 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.

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

6. The financial statements have been prepared under the historical cost convention. Having regard to liquidity risk, current market conditions and other factors affecting the company, the use of the going concern basis of accounting is appropriate as, in the opinion of the directors, there are no material uncertainties related to events or conditions that may cast significant doubt about the abil

Key FinancialsYear ending 31/03/2025

Net Worth

£69k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£12k

Working capital

Current Assets

£411k

Current Liabilities

£399k

Fixed Assets

£231k

Debtors

£301k

10avg. employees

Tax at Year End(2023)

Corp tax£478

Balance Sheet

Assets less current liabilities£243k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.03+£6k
20241.14-£10k
20231.11—

Derived from filed accounts. Not audited figures.