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Creo Hydrogen Storage Systems Ltd

11987887

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)
  • Negative net worth (-10)

Details

19 MURRAY STREET, LLANELLI, SA15 1AQ
Incorporated 09/05/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25910
Manufacture of steel drums and similar containers

Officers

Mr Colin Richard Wakefield

director · Since 09/05/2019

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 72

Also on 1 other board

Mr William Neil Jenkins

director · Since 23/04/2022

CHARTERED SURVEYOR

BRITISH · WALES · Age 66

Also on 2 other boards

Persons with Significant Control

Mr Colin Richard Wakefield

25–50% shares
25–50% votes

British · United Kingdom · Age 72

19, Murray Street, Llanelli, SA15 1AQ

Notified 09/05/2019

Mr William Neil Jenkins

25–50% shares
25–50% votes

British · Wales · Age 66

19, Murray Street, Llanelli, SA15 1AQ

Notified 23/04/2022

CompanyRankvs 32+ SIC 25910 peers
34

Financial strength4th percentile among SIC peers · 1/25
Employees62th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.14× · 2/20
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 strength1/25 pts

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

Employees9/15 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 31/07/2024

Net Worth

-£107k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£17k

Current Liabilities

£124k

2avg. employees-1
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.14+£305
20230.13

Derived from filed accounts. Not audited figures.