{"name":"COMBICUT LIMITED","company_number":"01474904","status":"Active","type":"Private Limited Company","incorporated":"1980-01-23","dissolved":null,"registered_office":"Foundation House, Paddock Road, Caversham, Reading, Berkshire, RG4 5BY","postcode":"RG4 5BY","sic_codes":[{"code":28490,"description":"Manufacture of other machine tools"}],"principal_activity":null,"previous_names":[{"name":"JO-AT LIMITED","changed_on":"2007-03-01"}],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 July","last_made_up_to":"2025-07-31","next_due":"2027-04-30"},"employees":{"count":22,"accounts_date":"2025-07-31"},"financials":[{"financial_date":"2025-07-31","net_assets":9050850,"cash":2209389,"average_employees":22},{"financial_date":"2024-07-31","net_assets":8318070,"cash":2152415,"average_employees":21},{"financial_date":"2023-07-31","net_assets":8352022,"cash":2326828,"average_employees":20},{"financial_date":"2022-07-31","net_assets":8571686,"cash":2188665},{"financial_date":"2021-07-31","net_assets":8069361,"cash":797019}],"officers":{"current":6,"resigned":2,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":8,"outstanding":6},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Combicut Limited is an exceptionally well-capitalised business with £8.32M in net assets, minimal leverage, and strong liquidity (current ratio 13.9x). The 45-year trading history and continued capital investment demonstrate business resilience and management commitment. The primary credit considerations are the concentration in intercompany debtors (£1.43M), the unexplained \"other debtors\" balance, and the lack of P&L visibility in filleted accounts. The company comfortably meets all credit criteria and would support a facility on standard commercial terms.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/combicut","people":"https://www.companiesintheuk.co.uk/company/combicut/people","filing_history":"https://www.companiesintheuk.co.uk/company/combicut/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/01474904","financials":"https://www.companiesintheuk.co.uk/company/combicut/financial","control":"https://www.companiesintheuk.co.uk/company/combicut/control","charges":"https://www.companiesintheuk.co.uk/company/combicut/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/combicut/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/combicut"}