Back to search

Powder Coating Systems Ltd

13943294

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

UNIT 5 MIDDLEBROOK FARM, NAZEING, EN9 2RJ
Incorporated 28/02/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25610
Treatment and coating of metals

Officers

Mr Andrew Thomas Hoffman

director · Since 28/02/2022

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 1 other board

Glyn Sweeting

director · Since 28/02/2022

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 1 other board

Persons with Significant Control

Mr Andrew Thomas Hoffman

25–50% shares
25–50% votes
Appoint directors

British · England · Age 53

Unit 5, Middlebrook Farm, Nazeing, EN9 2RJ

Notified 28/02/2022

Glyn Sweeting

25–50% shares
25–50% votes
Appoint directors

British · England · Age 52

Unit 5, Middlebrook Farm, Nazeing, EN9 2RJ

Notified 28/02/2022

CompanyRankvs 535+ SIC 25610 peers
52

Financial strength43th percentile among SIC peers · 11/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.63× · 20/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength11/25 pts

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

Employees2/15 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.

Longevity4/15 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.

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

Key FinancialsYear ending 28/02/2025

Net Worth

£15k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

£9k

Working capital

Current Assets

£14k

Current Liabilities

£5k

Fixed Assets

£7k

Debtors

£7k

0avg. employees

Balance Sheet

Assets less current liabilities£16k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20252.63-£4k
20241.97+£6k
20231.03

Derived from filed accounts. Not audited figures.