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Croglin Ltd

10627257

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
55 / 100

Notable Risks

25/30
Filing
10/30
Financial
20/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Active insolvency proceedings (-20)

Details

UNIT 4B EAST LAKES BUSINESS PARK, PENRITH, CA11 9BB
Incorporated 20/02/2017

Compliance

Last accounts

30/09/2024

unaudited abridged

Next accounts due

30/06/2026

Overdue

Confirmation statement

Last: 19/02/2025

Due 05/03/2026

Overdue

Industry

16240
Manufacture of wooden containers

Officers

Mr Joseph Butler

director · Since 20/02/2017

WOODEN PRODUCTS DESIGNER

BRITISH · UNITED KINGDOM · Age 48

Also on 1 other board

Mr Benjamin Jeffrey Cottam

director · Since 20/02/2017

ENGINEER

BRITISH · UNITED KINGDOM · Age 48

Also on 2 other boards

Mr Alan Crook

director · Since 20/02/2017

ENGINEER

BRITISH · ENGLAND · Age 64

Also on 2 other boards

Mr Peter Toaig

director · Since 15/10/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Persons with Significant Control

Mr Joseph Butler

25–50% shares
25–50% votes

British · United Kingdom · Age 48

Unit 7, Monkton Business Park North, Hebburn, NE31 2JZ

Notified 20/02/2017

Cottam Investment Limited

25–50% shares
25–50% votes

Unit 7, Monkton Business Park North, Hebburn

Reg: 07243077 · Companies House · Limited

Notified 20/02/2017

Mr Peter Toaig

25–50% shares
25–50% votes

British · United Kingdom · Age 57

Unit 7, Monkton Business Park North, Hebburn, NE31 2JZ

Notified 17/03/2022

Insolvency History1 case

creditors voluntary liquidation20/04/2026

Shaun Hudson (practitioner) · Steven Phillip Ross (practitioner)

CompanyRankvs 157+ SIC 16240 peers
40

Financial strength3th percentile among SIC peers · 1/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.27× · 12/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Insolvency history -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.

Employees13/15 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.

Longevity9/15 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 30/09/2024

Net Worth

-£69k

Balance sheet strength

Cash

£170k

Cash in the bank

Net Current Assets

£138k

Working capital

Current Assets

£647k

Current Liabilities

£509k

Fixed Assets

£295k

Debtors

£205k

18avg. employees+4

Balance Sheet

Assets less current liabilities£433k

EstimatesDerived

YearCurrent RatioImplied Profit
20241.27+£44k
20231.02

Derived from filed accounts. Not audited figures.