Back to search

Pruce Newman Pipework Limited

01111151

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

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

AYTON RD, NORFOLK, NR18 0QJ
Incorporated 01/05/1973

Compliance

Last accounts

31/05/2025

medium

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 04/12/2025

Due 18/12/2026

On track

Industry

43290
Other construction installation

Officers

Mr Jamie Key

director · Since 01/06/2017

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 2 other boards

Mr Jamie Lawrence Eggleton

director · Since 16/01/2024

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 3 other boards

Persons with Significant Control

Former PSCs

Mr Graham Brian Newman

Ceased 01/12/2022

Mr Timothy William Moorse

Ceased 17/06/2022

Mr Alan John Pruce

Ceased 01/12/2022

Pruce Newman (Holdings) Limited

Ceased 01/12/2022

Pruce Newman Group Limited

Ceased 01/12/2022

Charges1 outstanding

Charge
outstanding

IGF BUSINESS CREDIT LIMITED

Created 17/06/2022Registered 20/06/2022
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 09/11/2005Registered 11/11/2005Satisfied 26/05/2011
charge
satisfied

MGE KEMP (PROPERTIES) LIMITED

Created 01/06/2004Registered 15/06/2004Satisfied 21/05/2018
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 29/01/1999Registered 08/02/1999Satisfied 26/05/2011
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 29/01/1999Registered 05/02/1999Satisfied 21/04/2022
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 29/01/1999Registered 05/02/1999Satisfied 26/05/2011
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 29/01/1999Registered 05/02/1999Satisfied 26/05/2011
charge
satisfied

MIDLAND BANK PLC

Created 23/08/1990Registered 11/09/1990Satisfied 23/03/1999
charge
satisfied

MIDLAND BANK PLC

Created 01/12/1989Registered 11/12/1989Satisfied 01/03/2000
charge
satisfied

MIDLAND BANK PLC

Created 24/08/1984Registered 03/09/1984Satisfied 23/03/1999
charge
satisfied

MIDLAND BANK LTD

Created 03/04/1978Registered 06/04/1978Satisfied 21/08/1991
charge
satisfied

MIDLAND BANK LTD

Created 20/01/1978Registered 25/01/1978Satisfied 23/03/1999

CompanyRankvs 15+ SIC 43290 peers
70

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.74× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
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.

Liquidity20/20 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

Outstanding charges: -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 going co

Key FinancialsYear ending 31/05/2025

Turnover

£8.8M

Annual revenue

Net Worth

£2.4M

Balance sheet strength

Cash

£21k

Cash in the bank

Profit Before Tax

-£215k

Bottom line earnings

Net Current Assets

£2.5M

Working capital

Current Assets

£4.0M

Current Liabilities

£1.4M

Fixed Assets

£169k

Debtors

£3.7M

Cost of Sales

£7.0M

Gross Profit

£1.8M

Admin Expenses

£2.0M

Operating Profit

-£187k

Profit After Tax

£128k

78avg. employees-8

Tax at Year End

Dividends paid£106k

People Costs

Wages & salaries£5.0M
NI contributions£422k

Balance Sheet

Intangible assets£4k
Bank loans & overdrafts£50k
Assets less current liabilities£2.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.74+£128k
20242.13+£18k
20231.98-£4k
20222.02+£718k
20211.68+£636k
20201.42-£1.4M
20191.64

Derived from filed accounts. Not audited figures.