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Cutting Edge Composites Technology Limited

11458995

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

UNIT 10 AYLSHAM BUSINESS PARK RICHARD OAKES ROAD, NORWICH, NR11 6FD
Incorporated 11/07/2018

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 12/02/2026

Due 26/02/2027

On track

Industry

71121
Engineering design activities for industrial process and production

Officers

Mr Craig Darren Turner

director · Since 11/07/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 1 other board

Persons with Significant Control

Rebecca Turner

25–50% shares
25–50% votes

British · United Kingdom · Age 52

Unit 10 Aylsham Business Park, Richard Oakes Road, Norwich, NR11 6FD

Notified 11/07/2018

Mr Craig Darren Turner

25–50% shares
25–50% votes

British · England · Age 50

Unit 10 Aylsham Business Park, Richard Oakes Road, Norwich, NR11 6FD

Notified 11/07/2018

CompanyRankvs 1000+ SIC 71121 peers
65

Financial strength87th percentile among SIC peers · 22/25
Employees67th percentile among SIC peers · 10/15
LiquidityCurrent ratio 12.36× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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1000Cutting Edge Composites Technology Limited
74
How is this score calculated?
Financial strength22/25 pts

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

Employees10/15 pts

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

Liquidity20/20 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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern

Key FinancialsYear ending 31/03/2025

Net Worth

£117k

Balance sheet strength

Cash

£96k

Cash in the bank

Net Current Assets

£108k

Working capital

Current Assets

£117k

Current Liabilities

£10k

Fixed Assets

£11k

Debtors

£21k

2avg. employees

Balance Sheet

Assets less current liabilities£119k
Signed by Mr Craig Turner 30 April 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202512.36-£50k
202413.93-£32k
20237.91+£94
20226.56+£61k
20215.58+£30k
20204.12+£46k
20193.15—

Derived from filed accounts. Not audited figures.