Company Overview
Stovrite Specialist Coatings Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 19 August 2009, so this is a well established company. Stovrite Specialist Coatings Limited has been in business for 16 years and 7 months. The accounts status is total exemption full and the accounts are next due on Sunday 31 May 2026.
Registered Address

28 Baltic Road, Felling, Gateshead, Tyne And Wear, NE10 0SB
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Companies House Data
Company NameSTOVRITE SPECIALIST COATINGS LIMITED
Company Number06994609
Registered Office Address28 Baltic Road
 Felling
 NE10 0SB
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date19/08/2009
Accounting Reference Date Day31
Accounting Reference Date Month8
Accounts Next Due Date31/05/2026
Accounts Last Made Up Date31/08/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date16/09/2016
Returns Last Made Up Date19/08/2015
Directors & Members
Show Resigned
Gary Forster - Director
(British, 41 years old, born May 1985)
Appointed 31 March 2016
 Active
Sarah Forster - Director
(British, 41 years old, born January 1985)
Appointed 01 May 2025
 Active
Secretaries
Show Resigned
Other Company Directorships
Gary Forster
No companies found
Sarah Forster
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2022 31-Aug-2021
Balance Sheet
Fixed Assets 34,429 34,429 52,928
Current Assets 196,816 196,816 232,916
Creditors Due Within One Year 189,987 189,987 213,759
Working Cap 6,829 6,829 19,157
Total Assets Less Current Liabilities 41,258 41,258 72,085
Long-term Liabilities 36,177 36,177 58,256
Net Assets 5,081 5,081 13,829
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 5,081 5,081 13,829
Common Size Financial Analysis Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2022 31-Aug-2021
Tangible Fixed Assets - - -
Fixed Assets 14.9% 14.9% 18.5%
Stocks Inventory - - -
Debtors 63.5% 63.5% 57.2%
Cash Bank In Hand 14.5% 14.5% 19.4%
Current Assets 85.1% 85.1% 81.5%
Creditors Due Within One Year 82.2% 82.2% 74.8%
Net Current Assets Liabilities 3.0% 3.0% 6.7%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 2.2% 2.2% 4.8%
Capital Employed - - -
Total Assets Less Current Liabilities 17.8% 17.8% 25.2%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2022 31-Aug-2021
Liquidity Ratio 1.0 1.0 1.1
Solvency Ratio 1.0 1.0 1.1
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 1
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2022 31-Aug-2021
Assets 231,245 231,245 285,844
Debt 226,164 226,164 272,015
Net Assets/Debt 5,081 5,081 13,829

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Confirmation statement made on 16 September 2025 with updates
Notification of Sarah Margaret Forster as a person with significant control on 31 March 2025
Amended total exemption full accounts made up to 31 August 2024
Appointment of Mrs Sarah Margaret Forster as a director on 1 May 2025
Change of details for Mr Gary Thomas Forster as a person with significant control on 31 March 2025
Change of details for Mr Gary Thomas Forster as a person with significant control on 1 August 2024
Cessation of Alfred Manuel as a person with significant control on 1 August 2024
Termination of appointment of Alfred Manuel as a director on 1 August 2024
Confirmation statement made on 16 September 2024 with no updates
Confirmation statement made on 16 September 2023 with no updates
Confirmation statement made on 16 September 2022 with no updates
Confirmation statement made on 16 September 2021 with no updates
Confirmation statement made on 16 September 2020 with no updates
Confirmation statement made on 19 August 2019 with no updates
Registration of charge 069946090001, created on 13 May 2019
Confirmation statement made on 19 August 2018 with updates
Notification of Gary Thomas Forster as a person with significant control on 6 April 2018
Change of details for Mr Alfred Manuel as a person with significant control on 19 September 2018
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