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Re-Coat Solutions Ltd

13139422

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

UNIT 1 WESTWINDS BUSINESS PARK, BRIDGEND, CF35 5DR
Incorporated 18/01/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43341
Painting
43390
Other building completion and finishing

Officers

Mr Lee Allan Coleman

director · Since 18/01/2021

COMPANY DIRECTOR

WELSH · UNITED KINGDOM · Age 44

Also on 2 other boards

Mrs Deanna Coleman

director · Since 26/02/2026

BRITISH · UNITED KINGDOM · Age 40

Also on 2 other boards

Persons with Significant Control

Georgia-Lee Holdings Ltd

75–100% shares
75–100% votes

Unit 1, Westwinds Business Park, Bridgend, CF35 5DR

Reg: 15506156 · Register Of Companies · Private Limited Company

Notified 22/09/2025

Former PSCs

Mr Lee Allan Coleman

Ceased 22/09/2025

Mrs Deanna Coleman

Ceased 22/09/2025

CompanyRankvs 788+ SIC 43341 peers
69

Financial strength96th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.92× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 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.

Longevity5/15 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

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 28/02/2025

Net Worth

£322k

Balance sheet strength

Cash

£131k

Cash in the bank

Net Current Assets

£268k

Working capital

Current Assets

£407k

Current Liabilities

£139k

Fixed Assets

£117k

Debtors

£261k

9avg. employees-1

Balance Sheet

Assets less current liabilities£385k
Signed by Mr Lee Coleman 13 November 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.92-£5k
20243.23+£102k
20233.52+£73k
20223.69—

Derived from filed accounts. Not audited figures.