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Procoat - Commercial Spray Painting Ltd

15281819

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

1 BOND STREET, COLNE, BB8 9DG
Incorporated 13/11/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43341
Painting

Officers

Mr Harry Robert Lewis Bolton

director · Since 13/11/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 2 other boards

Persons with Significant Control

Mr Harry Robert Lewis Bolton

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

British · England · Age 36

47, Birch Hall Lane, Barnoldswick, BB18 6JX

Notified 13/11/2023

CompanyRankvs 6791+ SIC 43341 peers
47

Financial strength52th percentile among SIC peers · 13/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 1.36× · 12/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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6791Procoat - Commercial Spray Painting Ltd
46
How is this score calculated?
Financial strength13/25 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.

Liquidity12/20 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 30/11/2024

Net Worth

£3k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

£12k

Current Liabilities

£9k

1avg. employees

Balance Sheet

Assets less current liabilities£3k
Signed by 15281819 2023-11-13 2024-11-30 15281819 2024-11-30 15281819 core:CurrentFinancialInstruments core:WithinOneYear 2024-11-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent Ratio
20241.36

Derived from filed accounts. Not audited figures.