Old Coil Company Limited
11754913
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
dormant
Next accounts due
30/09/2026
Confirmation statement
Last: 12/11/2025
Due 26/11/2026
Industry
Officers
director · Since 02/10/2020
CHIEF FINANCIAL OFFICER
BRITISH · UNITED KINGDOM · Age 54
Also on 3 other boards
Persons with Significant Control
Fil Holdings (Uk) Limited
4, Cannon Street, London, EC4M 5AB
Reg: 6737476 · Companies House · Limited Company
Notified 02/10/2020
Former PSCs
Mr Ian Williams
Ceased 02/10/2020
CompanyRankvs 3603+ SIC 64999 peers64
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
impact on the balances included within the financial statements. In addition, the directors do not consider it to cast any significant doubt upon the company's ability to continue to trade as a going concern. The directors have taken both reactive and proactive measures in order to mitigate any risks associated with COVID-19 including managing cash flow to ensure that debts can be paid when they f
Key FinancialsYear ending 31/03/2020
Net Worth
£282k
Balance sheet strength
Cash
£187k
Cash in the bank
Net Current Assets
£277k
Working capital
Current Assets
£322k
Current Liabilities
£44k
Fixed Assets
£4k
Debtors
£135k
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2020 | 7.26 |
Derived from filed accounts. Not audited figures.