Pedersen Contracting Services Ltd
01242286
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Previously known as
Compliance
Last accounts
31/12/2024
medium
Next accounts due
31/12/2026
Confirmation statement
Last: 07/12/2025
Due 21/12/2026
Industry
Officers
director · Since 29/10/2021
DIRECTOR
BRITISH · ENGLAND · Age 53
Also on 17 other boards
director · Since 29/10/2021
DIRECTOR
BRITISH · ENGLAND · Age 57
Also on 5 other boards
secretary · Since 29/10/2021
Mr Nicholas Kenneth Paul Read
director · Since 11/08/2026
BRITISH · ENGLAND · Age 56
secretary · Since 29/10/2021
Former
director · Resigned 27/12/2013
secretary · Resigned 06/12/2014
director · Resigned 04/04/2015
director · Resigned 14/09/2018
secretary · Resigned 14/09/2018
director · Resigned 29/10/2021
secretary · Resigned 29/10/2021
director · Resigned 25/07/2024
director · Resigned 25/07/2024
director · Resigned 15/07/2025
director · Resigned 15/07/2025
Persons with Significant Control
Material Change Limited
Dairy Farm Office, Dairy Road, Ipswich, IP7 6RA
Reg: 05868277 · Companies House · Limited Company
Notified 29/10/2021
Bioticnrg Operations Limited
Dairy Farm Office, Dairy Road, Ipswich, IP7 6RA
Reg: 05868277 · Companies House · Limited Company
Notified 29/10/2021
Former PSCs
Mr Michael Pedersen
Ceased 29/10/2021
Change History
Active
Private Limited Company
C/O MATERIAL CHANGE LTD, THE AMPHENOL BUILDING 46-50 RUTHERFORD DRIVE
WELLINGBOROUGH
CompanyRankvs 490+ SIC 33170 peers66
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 going co
Key FinancialsYear ending 31/12/2024
Turnover
£18.7M
Annual revenue
Net Worth
£3.3M
Balance sheet strength
Cash
£687k
Cash in the bank
Profit Before Tax
£1.2M
Bottom line earnings
Net Current Assets
-£87k
Working capital
Current Assets
£3.4M
Current Liabilities
£3.5M
Fixed Assets
£6.4M
Debtors
£2.7M
Cost of Sales
£16.2M
Gross Profit
£2.6M
Admin Expenses
£1.2M
Operating Profit
£1.3M
Profit After Tax
£829k
Tax at Year End(2023)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.98 | +£829k |
| 2023 | 1.00 | — |
Derived from filed accounts. Not audited figures.