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Accurate Safety Manufacturing Ltd

13424837

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

3RD FLOOR, LONDON, EC2A 4NE
Incorporated 27/05/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Mr Paul Michael Gilligan

director · Since 27/05/2021

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 7 other boards

Persons with Significant Control

Mr Paul Gilligan

50–75% shares
50–75% votes
Appoint directors

British · England · Age 55

3rd Floor, 86 - 90 Paul Street, London, EC2A 4NE

Notified 27/05/2021

CompanyRankvs 1932+ SIC 25110 peers
45

Financial strength59th percentile among SIC peers · 15/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 1.4× · 12/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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55
How is this score calculated?
Financial strength15/25 pts

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

Employees8/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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 the Companies Act 2006. The financial statements have been prepared under the historical cost convention. The directors have carefully evaluated the company's ability to continue operating as a going concern for at least twelve months following the approval of these financial statements. This evaluation included a thorough review of current financial performance, projections for future opera

Key FinancialsYear ending 31/12/2024

Net Worth

£75k

Balance sheet strength

Cash

£717

Cash in the bank

Net Current Assets

£24k

Working capital

Current Assets

£85k

Current Liabilities

£61k

Fixed Assets

£51k

Debtors

£85k

3avg. employees+1

Balance Sheet

Intangible assets£30k
Assets less current liabilities£75k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20241.40
20220.75

Derived from filed accounts. Not audited figures.