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Nortam Finishing Ltd

13834223

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

20 MARSH GREEN ROAD EAST, EXETER, EX2 8PQ
Incorporated 07/01/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25610
Treatment and coating of metals

Officers

Mr Matthew David Roberts

director · Since 07/01/2022

DIRECTOR

BRITISH · ENGLAND · Age 42

Mrs Veronica Marie Woods

director · Since 07/01/2022

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 2 other boards

Persons with Significant Control

Mr Matthew David Roberts

25–50% shares
25–50% votes

British · England · Age 42

20, Marsh Green Road East, Exeter, EX2 8PQ

Notified 07/01/2022

Mrs Veronica Marie Woods

25–50% shares
25–50% votes

British · England · Age 55

20, Marsh Green Road East, Exeter, EX2 8PQ

Notified 07/01/2022

Charges1 outstanding

Charge
outstanding

ULTIMATE FINANCE LIMITED

Created 22/02/2022Registered 23/02/2022

CompanyRankvs 772+ SIC 25610 peers
28

Financial strength1th percentile among SIC peers · 0/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.56× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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772Nortam Finishing Ltd
33
How is this score calculated?
Financial strength0/25 pts

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

Employees12/15 pts

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

Liquidity6/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

-£144k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£107k

Working capital

Current Assets

£142k

Current Liabilities

£254k

Fixed Assets

£33k

14avg. employees+1

Balance Sheet

Assets less current liabilities-£73k
Signed by Mr Matthew Roberts 23rd January 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.56-£275k
20240.68+£49k
20231.33—

Derived from filed accounts. Not audited figures.