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Premier Grip Trading Limited

01661940

liquidation
Private Limited Company
england wales
Companies House
1 outstanding charge
Insolvency history
Health Score
N/A

Details

LEONARD CURTIS HOUSE ELMS SQUARE, BURY NEW ORAD, MANCHESTER, M45 7TA
Incorporated 03/09/1982

Compliance

Last accounts

31/12/2022

unaudited abridged

Next accounts due

30/09/2024

Overdue

Confirmation statement

Last: 08/06/2023

Due 22/06/2024

Overdue

Industry

32990
Other manufacturing

Officers

Mr Alan Richard Morris

director · Since 28/08/1992

DIRECTOR

BRITISH · ENGLAND · Age 81

Also on 38 other boards

Persons with Significant Control

Mr Alan Richard Morris

75–100% shares

British · England · Age 81

Leonard Curtis House, Elms Square, Bury New Orad, Manchester, M45 7TA

Notified 12/07/2017

Charges1 outstanding

Debenture
outstanding

Alan Morris

Fixed and floating charge over the undertaking and all property and assets present and future, including goodwill, book debts, uncalled capital, buildings, fixtures, fixed plant & machinery see image for full details.

All monies due or to become due from the company to the chargee on any account whatsoever

Created 23/12/2008Registered 24/12/2008
Charge over book debts
fully satisfied

Close Invoice Finance Limited

Fixed and floating charge all the book debts and other debts.

All monies due or to become due from the company to the chargee on any account whatsoever pursuant to or in connection with a financing agreement

Created 22/08/1997Registered 28/08/1997Satisfied 16/09/2023
Credit agreement
fully satisfied

Close Brothers Limited

All its right title and interest in and to all sums payable under the insurance.

£23406.90

Created 09/07/1993Registered 14/07/1993Satisfied 31/08/2005
A credit agreement entitled "prompt credit application"
fully satisfied

Close Brothers Limited

All its right,title and interest in and to all sums payable under the insurance see doc for details.

£22909.70 due from the company to the chargee under the terms of the agreement

Created 15/06/1992Registered 02/07/1992Satisfied 31/08/2005
Debenture
fully satisfied

National Westminster Bank PLC

A specific equitable charge on all f/h & l/h properties and/or the proceeds of sale thereof fixed & floating charge on undertaking and all property and assets present and future including goodwill & book debts uncalled capital.

All monies due or to become due from the company to the chargee on any account whatsoever

Created 21/12/1982Registered 05/01/1983Satisfied 31/08/2005

Insolvency History1 case

creditors voluntary liquidation10/04/2024

Martin Maloney (practitioner) · Daniel Ormerod (practitioner)

CompanyRankvs 15+ SIC 32990 peers
30

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 2.11× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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

Outstanding charges: -10 pts

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/12/2021

Net Worth

£213k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

£239k

Working capital

Current Assets

£455k

Current Liabilities

£216k

Fixed Assets

£19k

Debtors

£238k

15avg. employees

Balance Sheet

Assets less current liabilities£258k
Signed by 2021-01-01Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20212.11

Derived from filed accounts. Not audited figures.