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Final Coat Ltd

11606055

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)
  • Current liabilities exceed current assets (-10)

Details

12 CWRT Y DDERWEN, LLANELLI, SA15 1LL
Incorporated 04/10/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43341
Painting

Officers

Mr Philip Anthony Phillips

director · Since 04/10/2018

PAINTER

WELSH · WALES · Age 46

Persons with Significant Control

Mr Philip Anthony Phillips

75–100% shares
75–100% votes
Appoint directors

Welsh · Wales · Age 46

6, Capel Terrace, Llanelli, SA15 1QA

Notified 04/10/2018

CompanyRankvs 3073+ SIC 43341 peers
64

Financial strength68th percentile among SIC peers · 17/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 2.09× · 20/20
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 strength17/25 pts

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

Employees4/15 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.

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

Key FinancialsYear ending 31/10/2023

Net Worth

£11k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£10k

Working capital

Current Assets

£19k

Current Liabilities

£9k

Fixed Assets

£7k

1avg. employees

Balance Sheet

Assets less current liabilities£17k
Prepared with Debitam - Tax and Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20232.09+£9k
20220.96-£12k
20215.65+£9k
20209.75+£2k
20191.18

Derived from filed accounts. Not audited figures.