Back to search

Tyne Coatings Ltd

12049231

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

CLAYTON, SOUTH SHIELDS, NE34 8JX
Incorporated 13/06/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43341
Painting

Officers

Wayne Clayton

director · Since 13/06/2019

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Persons with Significant Control

Wayne Clayton

75–100% shares

British · United Kingdom · Age 46

Clayton, 1bruce Close, South Shields, NE34 8JX

Notified 13/06/2019

CompanyRankvs 6001+ SIC 43341 peers
49

Financial strength13th percentile among SIC peers · 3/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 10.67× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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.

Employees4/15 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 30/06/2024

Net Worth

-£1k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£12k

Working capital

Current Assets

£13k

Current Liabilities

£1k

Debtors

£13k

1avg. employees

Tax at Year End

Corp tax£1k

Director Loans

Directors owe company£13k

Balance Sheet

Assets less current liabilities£12k
Signed by Mr Wayne Clayton 23/06/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
202410.67
202313.38
202220.53
202112.16

Derived from filed accounts. Not audited figures.