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Hi-Tech Spray Coatings Limited

11308580

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

UNIT B3 SALCOMBE COURT, ALFRETON, DE55 7RG
Incorporated 13/04/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43341
Painting

Officers

Mr Ashley James Wright

director · Since 09/01/2025

SPRAYER

ENGLISH · ENGLAND · Age 44

Persons with Significant Control

Mr Ashley James Wright

75–100% shares

English · England · Age 44

Unit B3, Salcombe Court, Alfreton, DE55 7RG

Notified 01/01/2024

Former PSCs

Mrs Emma May Wright

Ceased 17/05/2018

Mr Michael Paul Wright

Ceased 01/02/2025

CompanyRankvs 8796+ SIC 43341 peers
37

Financial strength0th percentile among SIC peers · 0/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.45× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 pts

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

Employees12/15 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.

Longevity8/15 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 31/08/2024

Net Worth

-£170k

Balance sheet strength

Cash

£54

Cash in the bank

Net Current Assets

-£79k

Working capital

Current Assets

£63k

Current Liabilities

£142k

Fixed Assets

£18k

3avg. employees

Tax at Year End(2021)

VAT£32k

Balance Sheet

Assets less current liabilities-£60k
Signed by Mr Ashley Wright 28/08/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.45-£292k
20230.37-£1k
20220.31+£142k
20210.56+£7k£637k
20200.28-£13k
20190.74

Derived from filed accounts. Not audited figures.