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Provincial Engineering (Colne) Limited

00689349

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 2 WATERSIDE INDUSTRIAL ESTATE, COLNE, BB8 0TA
Incorporated 11/04/1961

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 01/09/2025

Due 15/09/2026

On track

Industry

41100
Development of building projects

Officers

Terence Holmes

secretary · Since 31/01/1996

ENGINEER

BRITISH · UNITED KINGDOM · Age 71

Also on 1 other board

Terence Holmes

director · Since 31/01/1996

ENGINEER

BRITISH · UNITED KINGDOM · Age 71

Also on 1 other board

Mrs Linda Holmes

director · Since 21/01/2005

HOUSEWIFE

BRITISH · UNITED KINGDOM · Age 68

Mrs Christine Sonia Allko

director · Since 01/02/2021

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 1 other board

Mr David Warren Holmes

director · Since 01/02/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 46

Persons with Significant Control

Mr Terence Holmes

25–50% shares
25–50% votes

British · England · Age 68

Unit 2 Waterside Industrial Estate, Colne, BB8 0TA

Notified 06/04/2016

Holmes Ssas

25–50% shares
25–50% votes

Warth Business Centre, Warth Road, Bury, BL9 9TB

Notified 31/01/2021

Former PSCs

Mr Mark Holmes

Ceased 06/11/2019

Charges1 outstanding

charge
outstanding

YORKSHIRE BANK PLC

Created 30/06/1999Registered 07/07/1999

CompanyRankvs 14164+ SIC 41100 peers
57

Financial strength84th percentile among SIC peers · 21/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.23× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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14164Provincial Engineering (Colne) Limited
67
How is this score calculated?
Financial strength21/25 pts

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

Employees14/15 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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2025

Net Worth

£185k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

-£34k

Working capital

Current Assets

£10k

Current Liabilities

£44k

Debtors

£2k

4avg. employees

Balance Sheet

Assets less current liabilities£231k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.23+£6k
2024—+£3k
20230.20—

Derived from filed accounts. Not audited figures.