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Expromet Technologies Group Limited

10500031

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

MULLACOTT CROSS TRADING ESTATE, ILFRACOMBE, EX34 8PL
Incorporated 28/11/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70100
Activities of head offices

Officers

Mr Steven Bone

director · Since 28/11/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 11 other boards

Mr Henry William Gregson

director · Since 28/11/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 19 other boards

Mr Christopher James Thompson

director · Since 31/03/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 7 other boards

Dr Robert Paul Guest

director · Since 02/10/2023

CHIEF EXECUTIVE OFFICER

BRITISH · ENGLAND · Age 47

Also on 11 other boards

Mr Jonathan Alastair Davidson

director · Since 01/04/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 66

Also on 2 other boards

Persons with Significant Control

Mr Geoffrey Frederick O'Brien

Significant control

Australian · Australia · Age 70

Mullacott Cross Trading Estate, Ilfracombe, EX34 8PL

Notified 31/03/2017

Former PSCs

Mr Henry William Gregson

Ceased 16/11/2022

Mr Alistair John Schofield

Ceased 16/11/2022

Charges1 outstanding

Charge
outstanding

HSBC BANK PLC

Created 31/03/2017Registered 10/04/2017

CompanyRankvs 12532+ SIC 70100 peers
22

Financial strength2th percentile among SIC peers · 1/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0× · 2/20
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 strength1/25 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.

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.

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

identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or 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 con

Key FinancialsYear ending 31/12/2023

Net Worth

-£944k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£15.3M

Working capital

Current Assets

£69k

Current Liabilities

£15.4M

Fixed Assets

£15.3M

Debtors

£66k

Profit After Tax

-£208k

5avg. employees

Balance Sheet

Assets less current liabilities-£53k
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent Ratio
20230.00

Derived from filed accounts. Not audited figures.