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Cutting Edge Surgical Instruments Ltd

11905090

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

UNIT 1 - 2 HARFORDE COURT FOXHOLES BUSINESS PARK, HERTFORD, SG13 7NW
Incorporated 26/03/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

33130
Repair of electronic and optical equipment

Officers

Mr John William Twigger

director · Since 26/03/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 1 other board

Mr Matthew Keith Robinson

director · Since 02/01/2020

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 46

Mr Barry John Hackett

director · Since 08/08/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 42

Mr Christopher John Grist

director · Since 12/12/2022

DIRECTOR

BRITISH · ENGLAND · Age 41

Persons with Significant Control

Mr John William Twigger

25–50% shares
25–50% votes

British · United Kingdom · Age 58

1 Tower House, Tower Centre, Hoddesdon, EN11 8UR

Notified 26/03/2019

Mr Matthew Keith Robinson

25–50% shares
25–50% votes

British · England · Age 46

27 St Johns, Puckeridge, SG11 1SY

Notified 02/01/2020

CompanyRankvs 61+ SIC 33130 peers
81

Financial strength95th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.29× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 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.

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 31/03/2024

Turnover

£3.2M

Annual revenue

Net Worth

£788k

Balance sheet strength

Cash

£252k

Cash in the bank

Profit Before Tax

£1.0M

Bottom line earnings

Net Current Assets

£676k

Working capital

Current Assets

£1.2M

Current Liabilities

£523k

Fixed Assets

£149k

Debtors

£822k

Cost of Sales

£1.1M

Gross Profit

£2.0M

Admin Expenses

£991k

Operating Profit

£1.0M

Profit After Tax

£773k

18avg. employees+5

Tax at Year End

Corp tax£260k
VAT£150k

Director Loans(2021)

Company owes directors£90k

Balance Sheet

Assets less current liabilities£825k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20242.29+£273k£3.0M
20232.44+£62k£1.8M
20221.69+£231k£2.0M
20211.50+£210k£1.2M
20200.78£424k

Derived from filed accounts. Not audited figures.