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Panel Systems Limited

01179701

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

UNITS 3-9, WELLAND CLOSE, RUTLAND ROAD, S3 9QY
Incorporated 05/08/1974

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr Christopher Malcolm Ibbotson

director · Since 01/05/1991

DIRECTOR

BRITISH · ENGLAND · Age 74

Also on 3 other boards

Persons with Significant Control

Panel Systems (Holdings) Limited

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

Units 3-9, Welland Close, Sheffield, S3 9QY

Reg: 02577957 · Companies House · Private Limited Company

Notified 18/11/2021

Former PSCs

Mr Christopher Malcolm Ibbotson

Ceased 18/11/2021

Charges1 outstanding

charge
outstanding

CLYDESDALE BANK PLC

Created 07/05/2007Registered 11/05/2007
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 24/05/1991Registered 03/06/1991Satisfied 21/04/2007
charge
satisfied

COUNTY BANK LIMITED

Created 18/02/1983Registered 23/02/1983Satisfied 04/06/1991
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 01/09/1977Registered 06/09/1977Satisfied 04/06/1991
charge
satisfied

COUNTY BANK LIMITED

Created 23/02/1977Registered 08/03/1977Satisfied 04/06/1991

CompanyRankvs 29+ SIC 32990 peers
70

Financial strength98th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.94× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -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.

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

ormed, 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 director with respect to g

Key FinancialsYear ending 31/12/2025

Net Worth

£5.7M

Balance sheet strength

Cash

£4.2M

Cash in the bank

Profit Before Tax

£100k

Bottom line earnings

Net Current Assets

£5.6M

Working capital

Current Assets

£7.0M

Current Liabilities

£1.4M

Fixed Assets

£154k

Debtors

£1.9M

Cost of Sales

£8.9M

Admin Expenses

£828k

Profit After Tax

£73k

61avg. employees-2

Tax at Year End

Corp tax£38k
Dividends paid£240k

People Costs

Wages & salaries£2.0M

Balance Sheet

Intangible assets£2k
Assets less current liabilities£5.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20254.94-£77k
20244.39+£322k
20225.24+£1.1M
20203.83+£306k
20192.91

Derived from filed accounts. Not audited figures.