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Cuk Sales Ltd

12201679

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

ROTARY HOUSE, HULL, HU5 4HF
Incorporated 11/09/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46620
Wholesale of machine tools

Officers

Mr Laurence Witherwick

director · Since 11/09/2019

DIRECTOR

BRITISH · ENGLAND · Age 70

Also on 2 other boards

Mr Michael John Witherwick

director · Since 11/09/2019

DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 1 other board

Persons with Significant Control

Carbide (Uk) Limited

75–100% shares
75–100% votes
Appoint directors

Rotary House, Bontoft Avenue, Hull, HU5 4HF

Reg: 10440807 · Companies House, England & Wales · Private Company Limited By Shares

Notified 11/09/2019

Charges1 outstanding

Charge
outstanding

RBS INVOICE FINANCE LTD

Created 19/09/2024Registered 19/09/2024

CompanyRankvs 588+ SIC 46620 peers
21

Financial strength17th percentile among SIC peers · 4/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.89× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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588Cuk Sales Ltd
36
How is this score calculated?
Financial strength4/25 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.

Liquidity6/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

6. The financial statements have been prepared under the historical cost convention. Having regard to liquidity risk, current market conditions and other factors affecting the company, the use of the going concern basis of accounting is appropriate as, in the opinion of the directors, there are no material uncertainties related to events or conditions that may cast significant doubt about the abil

Key FinancialsYear ending 31/03/2025

Net Worth

£1

Balance sheet strength

Cash

£344

Cash in the bank

Net Current Assets

-£13k

Working capital

Current Assets

£104k

Current Liabilities

£117k

Debtors

£88k

2avg. employees

Balance Sheet

Assets less current liabilities-£13k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.89
20240.84
20231.22

Derived from filed accounts. Not audited figures.