Re-Coat Solutions Ltd
13139422
Healthy
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
28/02/2025
total exemption full
Next accounts due
30/11/2026
Confirmation statement
Last: 17/07/2025
Due 31/07/2026
Industry
Officers
director · Since 18/01/2021
COMPANY DIRECTOR
WELSH · UNITED KINGDOM · Age 45
Also on 2 other boards
director · Since 26/02/2026
BRITISH · UNITED KINGDOM · Age 40
Also on 2 other boards
Former
secretary · Resigned 16/04/2021
Persons with Significant Control
Georgia-Lee Holdings Ltd
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
Change History
Active
Private Limited Company
UNIT 1 WESTWINDS BUSINESS PARK
BRIDGEND
CompanyRankvs 792+ SIC 43341 peers70
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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.
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 conc
Key FinancialsYear ending 28/02/2026
Net Worth
£486k
Balance sheet strength
Cash
£147k
Cash in the bank
Net Current Assets
£423k
Working capital
Current Assets
£664k
Current Liabilities
£241k
Fixed Assets
£183k
Debtors
£492k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2026 | 2.76 | +£164k |
| 2025 | 2.92 | -£5k |
| 2024 | 3.23 | +£102k |
| 2023 | 3.52 | — |
Derived from filed accounts. Not audited figures.