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Cutting Edge (Aberystwyth) Ltd

15069458

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

34 CAE-JOB PIERCEFIELD LANE, ABERYSTWYTH, SY23 1RJ
Incorporated 14/08/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43341
Painting

Officers

Mr Paul David Parry

director · Since 14/08/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Persons with Significant Control

Mr Paul David Parry

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

British · United Kingdom · Age 56

37 Greenfield Street, Aberystwyth, SY23 1PJ

Notified 14/08/2023

CompanyRankvs 10104+ SIC 43341 peers
31

Financial strength6th percentile among SIC peers · 2/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.44× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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10104Cutting Edge (Aberystwyth) Ltd
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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.

Employees9/15 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 31/08/2024

Net Worth

-£13k

Balance sheet strength

Cash

£24k

Cash in the bank

Net Current Assets

-£30k

Working capital

Current Assets

£24k

Current Liabilities

£55k

Fixed Assets

£27k

2avg. employees

Balance Sheet

Assets less current liabilities-£3k
Signed by Mr Paul Parry 30/04/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.44

Derived from filed accounts. Not audited figures.