Coretech Electrical Solutions Ltd
13406201
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Michael Sean Hill
British · England · Age 36
21, Princess Avenue, Warrington, WA1 3TS
Notified 18/05/2021
Mr Steven Paul Hill
British · England · Age 42
20, Monmouth Close, Warrington, WA1 4DU
Notified 18/05/2021
CompanyRankvs 5232+ SIC 43210 peers75
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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 31/05/2025
Net Worth
£79k
Balance sheet strength
Cash
£62k
Cash in the bank
Net Current Assets
£102k
Working capital
Current Assets
£168k
Current Liabilities
£66k
Fixed Assets
£20k
Debtors
£81k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.53 | +£0 |
| 2025 | 2.53 | +£29k |
| 2024 | 3.84 | +£26k |
| 2023 | 0.73 | — |
Derived from filed accounts. Not audited figures.