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Arg Coatings Ltd

14732871

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

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

Details

UNIT 1, DARLINGTON, DL1 2PB
Incorporated 15/03/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

33110
Repair of fabricated metal products

Officers

Mr Gareth Ashley Whotton

director · Since 15/03/2023

DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 3 other boards

Persons with Significant Control

Mr Gareth Ashley Whotton

75–100% shares
75–100% votes
Appoint directors

British · England · Age 39

Unit 1, Cleveland Trading Estate, Darlington, DL1 2PB

Notified 15/03/2023

CompanyRankvs 1103+ SIC 33110 peers
26

Financial strength6th percentile among SIC peers · 2/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.19× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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1103Arg Coatings Ltd
26
How is this score calculated?
Financial strength2/25 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.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity3/15 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 31/03/2026

Net Worth

-£13k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

£15k

Current Liabilities

£78k

Fixed Assets

£49k

1avg. employees+1

Balance Sheet

Total assets£64k

EstimatesDerived

YearCurrent RatioImplied Profit
20260.19+£553
20250.32-£5k
20240.30—

Derived from filed accounts. Not audited figures.