Panaz Limited
01944865
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 30/11/1991
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 68
Also on 10 other boards
director · Since 09/08/2017
DIRECTOR
BRITISH · ENGLAND · Age 67
Also on 3 other boards
director · Since 01/04/2020
CHIEF OPERATING OFFICER
BRITISH · ENGLAND · Age 37
Also on 1 other board
director · Since 01/04/2020
FINANCE DIRECTOR
BRITISH · ENGLAND · Age 46
Also on 5 other boards
Persons with Significant Control
Panaz Holdings Ltd
Panaz Hq, Bentley Wood Way, Network 65 Business Park, Burnley, BB11 5ST
Reg: 6697759 · England And Wales · Limited Company
Notified 06/04/2016
Charges3 outstanding
HSBC BANK PLC
HSBC INVOICE FINANCE (UK) LTD
HSBC BANK PLC
CompanyRankvs 370+ SIC 13960 peers61
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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
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
Key FinancialsYear ending 31/03/2025
Turnover
£20.2M
Annual revenue
Net Worth
£6.8M
Balance sheet strength
Cash
£1.8M
Cash in the bank
Profit Before Tax
£1.0M
Bottom line earnings
Net Current Assets
£5.9M
Working capital
Current Assets
£10.1M
Current Liabilities
£4.2M
Fixed Assets
£1.1M
Debtors
£3.8M
Admin Expenses
£6.1M
Operating Profit
£1.0M
Profit After Tax
£755k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.42 | +£455k |
| 2024 | 2.26 | -£344k |
| 2023 | 2.47 | +£217k |
| 2022 | 2.75 | — |
Derived from filed accounts. Not audited figures.