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Fortis Coatings Ltd

11840070

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

5 PHILIP FORD WAY, WYMONDHAM, NR18 9AQ
Incorporated 21/02/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43330
Floor and wall covering

Officers

Mr George Andrew Hunt

director · Since 21/02/2019

SELF EMPLOYED

BRITISH · ENGLAND · Age 36

Also on 3 other boards

Persons with Significant Control

Miss Hannah Victoria Laws-Chapman

50–75% shares
50–75% votes
Appoint directors
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm

British · England · Age 35

5, Philip Ford Way, Wymondham, NR18 9AQ

Notified 21/02/2019

CompanyRankvs 7964+ SIC 43330 peers
28

Financial strength10th percentile among SIC peers · 3/25
Employees7th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.43× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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7964Fortis Coatings Ltd
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How is this score calculated?
Financial strength3/25 pts

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

Employees1/15 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.

Longevity7/15 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 28/02/2025

Net Worth

-£6k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£20k

Working capital

Current Assets

£15k

Current Liabilities

£34k

Fixed Assets

£14k

0avg. employees

Balance Sheet

Assets less current liabilities-£6k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.43-£4k
20240.91-£6k
20230.85—

Derived from filed accounts. Not audited figures.