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Tyneside Powder Coatings Ltd

11923812

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

246 PARK VIEW, WHITLEY BAY, NE26 3QX
Incorporated 03/04/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25610
Treatment and coating of metals

Officers

Mr Simon Edward Smithson

director · Since 03/04/2019

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Also on 4 other boards

Persons with Significant Control

Mr Simon Smithson

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 38

75, Marine Avenue, Whitley Bay, NE26 1NB

Notified 03/04/2019

Mr Michael Anthony Potts

25–50% shares
25–50% votes

British · England · Age 73

75, Marine Avenue, Whitley Bay, NE26 1NB

Notified 03/04/2019

Charges1 outstanding

Charge
outstanding

RED HOUSE INVESTMENTS LTD

Created 18/12/2020Registered 22/12/2020

CompanyRankvs 787+ SIC 25610 peers
22

Financial strength3th percentile among SIC peers · 1/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.26× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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787Tyneside Powder Coatings Ltd
32
How is this score calculated?
Financial strength1/25 pts

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

Employees7/15 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2021

Net Worth

-£66k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£131k

Working capital

Current Assets

£45k

Current Liabilities

£176k

Fixed Assets

£64k

Debtors

£36k

Profit After Tax

-£21k

3avg. employees

Balance Sheet

Assets less current liabilities-£66k
Prepared with Sage Accounts Production 2020 Update 1 - FRS102_2019

EstimatesDerived

YearCurrent Ratio
20210.26

Derived from filed accounts. Not audited figures.