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Purmo Group (Uk) Ltd

00653648

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

EASTERN AVENUE, GATESHEAD, NE11 0PG
Incorporated 23/03/1960

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 19/06/2025

Due 03/07/2026

On track

Industry

25210
Manufacture of central heating radiators and boilers

Officers

Mrs Linda Currie Ba Hons

director · Since 02/03/2009

CHIEF PERSONNEL OFFICER

BRITISH · UNITED KINGDOM · Age 53

Also on 3 other boards

Mr Lauri Soikkeli

director · Since 29/09/2022

COMPANY TAX DIRECTOR

FINNISH · FINLAND · Age 56

Mr Kevin John Jones

secretary · Since 28/11/2024

Mr Thomas William Eph Barr

director · Since 10/07/2025

SOLICITOR

BRITISH · UNITED KINGDOM · Age 48

Persons with Significant Control

Project Grand Bidco (Uk) Limited

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

1, Soho Place, London, W1D 3BG

Reg: 15658719 · Companies House · Private Limited Company

Notified 16/08/2024

Former PSCs

Rettig Icc Bv

Ceased 06/10/2019

Purmo Group Oy Ab

Ceased 31/01/2022

Purmo Group Plc

Ceased 14/01/2025

Charges0 outstanding

charge
satisfied

SOCIETE GENERALE, LONDON BRANCH AS AGENT AND SECURITY TRUSTEE FOR THE SECURED PARTIES

Created 18/01/2000Registered 31/01/2000Satisfied 04/05/2002
charge
satisfied

SOCIETE GENERALE, LONDON BRANCH AS AGENT AND SECURITY TRUSTEE FOR THE SECURED PARTIES

Created 18/01/2000Registered 31/01/2000Satisfied 04/05/2002
charge
satisfied

BARCLAYS BANK PLC

Created 29/06/1987Registered 30/06/1987
charge
satisfied

BARCLAYS BANK PLC

Created 19/06/1987Registered 30/06/1987
charge
satisfied

BARCLAYS BANK PLC

Created 19/06/1987Registered 30/06/1987
charge
satisfied

BARCLAYS BANK PLC

Created 06/03/1987Registered 13/03/1987
charge
satisfied

BARCLAYS BANK PLC

Created 10/04/1986Registered 01/05/1986
charge
satisfied

BARCLAYS BANK PLC

Created 20/03/1984Registered 22/03/1984Satisfied 07/11/1989

CompanyRankvs 31+ SIC 25210 peers
60

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 pts

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

Longevity15/15 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2024

Net Worth

£62.3M

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

-£31.9M

Bottom line earnings

Net Current Assets

Working capital

Current Assets

Current Liabilities

Debtors

£9.0M

Cost of Sales

£64.0M

Admin Expenses

£29.0M

Profit After Tax

-£39.8M

305avg. employees-65

Tax at Year End

Corp tax£0

People Costs

Wages & salaries£13.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
2024+£51.0M
20210.87

Derived from filed accounts. Not audited figures.