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Castflow Furnaces Ltd

10480578

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

RAYSDALE, BISHOP AUCKLAND, DL14 9NW
Incorporated 15/11/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28210
Manufacture of ovens, furnaces and furnace burners

Officers

Mr Stephen Deary

director · Since 15/11/2016

ENGINEER

BRITISH · UNITED KINGDOM · Age 66

Also on 1 other board

Ms Gillian Briddick

secretary · Since 30/12/2018

Persons with Significant Control

Mr Stephen Deary

75–100% shares

British · United Kingdom · Age 66

Raysdale, Evenwood Gate, Bishop Auckland, DL14 9NW

Notified 15/11/2016

CompanyRankvs 104+ SIC 28210 peers
37

Financial strength10th percentile among SIC peers · 3/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.08× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees7/15 pts

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

Liquidity2/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/11/2024

Net Worth

-£4k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£49k

Working capital

Current Assets

£4k

Current Liabilities

£53k

Fixed Assets

£73k

2avg. employees

Tax at Year End

VAT£17k

Balance Sheet

Bank loans & overdrafts£28k
Assets less current liabilities£24k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.08-£12k£344k
20230.23£214k

Derived from filed accounts. Not audited figures.