Back to search

Paramics Limited

01856010

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

10 REYNOLDS COURT, ST. NEOTS, PE19 7RW
Incorporated 16/10/1984

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Spencer Robert Leslie Wicks

director · Since 01/06/1993

DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Rachel Jane Wicks

director · Since 23/06/2010

DIRECTOR

BRITISH · ENGLAND · Age 51

Persons with Significant Control

Mr Spencer Robert Leslie Wicks

25–50% shares

British · England · Age 56

10, Reynolds Court, St. Neots, PE19 7RW

Notified 01/07/2016

Rachel Jane Wicks

25–50% shares

British · England · Age 51

10, Reynolds Court, St. Neots, PE19 7RW

Notified 17/04/2024

Charges0 outstanding

charge
satisfied

MIDLAND BANK PLC

Created 26/02/1986Registered 03/03/1986Satisfied 07/02/2020

CompanyRankvs 358+ SIC 25620 peers
79

Financial strength82th percentile among SIC peers · 21/25
Employees51th percentile among SIC peers · 8/15
LiquidityCurrent ratio 860.43× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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.

Employees8/15 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

£887k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£871k

Working capital

Current Assets

£856k

Current Liabilities

£995

Fixed Assets

£17k

3avg. employees

Tax at Year End(2020)

Corp tax£72k
VAT£3k

Director Loans(2020)

Company owes directors£5k

Balance Sheet

Assets less current liabilities£888k
Signed by Mr Spencer Wicks 6th August 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
2025860.43+£8k
2024355.06-£10k
2023239.11-£9k
2022+£6k
202196.45-£19k
202011.39£57k
20197.13

Derived from filed accounts. Not audited figures.