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Custom Coatings & Maintenance Ltd

14248392

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

19 BROXBURN CLOSE, WALLSEND, NE28 9SS
Incorporated 21/07/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Mr Paul Farrier

secretary · Since 21/07/2022

Also on 1 other board

Mr Paul Farrier

director · Since 21/07/2022

ROPE ACCESS TECHNICIAN

ENGLISH · ENGLAND · Age 39

Also on 1 other board

Mrs Sarah Louise Farrier

director · Since 28/08/2024

DIRECTOR

BRITISH · ENGLAND · Age 39

Persons with Significant Control

Mr Paul Farrier

75–100% shares
ownership-of-shares-75-to-100-percent-as-trust
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes
voting-rights-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-firm
Appoint directors
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm

English · England · Age 39

6-8, Freeman Street, Grimsby, DN32 7AA

Notified 21/07/2022

CompanyRankvs 42322+ SIC 43999 peers
33

Financial strength15th percentile among SIC peers · 4/25
Employees26th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.58× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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42322Custom Coatings & Maintenance Ltd
29
How is this score calculated?
Financial strength4/25 pts

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

Employees4/15 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.

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 31/07/2024

Net Worth

£1

Balance sheet strength

Cash

£23k

Cash in the bank

Net Current Assets

-£22k

Working capital

Current Assets

£30k

Current Liabilities

£51k

Fixed Assets

£27k

Debtors

£6k

1avg. employees

Tax at Year End

Corp tax£14k
VAT£1k

Director Loans

Directors owe company£5k

Balance Sheet

Assets less current liabilities£6k
Signed by Mr Paul Farrier 31/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioEst. Revenue
20240.58£24k
20231.00£79k

Derived from filed accounts. Not audited figures.