Spraycrete Tunnelling Limited
12988016
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Previously known as
Compliance
Last accounts
30/11/2024
micro entity
Next accounts due
31/08/2026
Confirmation statement
Last: 04/03/2026
Due 18/03/2027
Industry
Officers
Former
director · Resigned 30/11/2021
Persons with Significant Control
Mr Patrick Bruen
Irish · United Kingdom · Age 37
6 Queens Court North, Third Avenue, Gateshead, NE11 0BU
Notified 02/11/2020
Miss Lorraine Roseanne Waters
Irish · England · Age 32
6 Queens Court North, Third Avenue, Gateshead, NE11 0BU
Notified 31/03/2021
Change History
Active
Private Limited Company
6 QUEENS COURT NORTH THIRD AVENUE
GATESHEAD
CompanyRankvs 318+ SIC 42130 peers33
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/11/2024
Net Worth
-£50k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£3k
Working capital
Current Assets
£18k
Current Liabilities
£21k
Fixed Assets
£42k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.84 | -£6k |
| 2023 | 0.71 | — |
Derived from filed accounts. Not audited figures.