Posturite Limited
02574809
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 09/06/2025
Due 23/06/2026
Industry
Officers
director · Since 13/07/2017
VP EMEA ASIA PACIFIC
DUTCH · NETHERLANDS · Age 59
director · Since 10/03/2020
DIRECTOR
AMERICAN · UNITED STATES · Age 48
Also on 2 other boards
director · Since 01/05/2022
CHARTERED ACCOUNTANT
BRITISH · ENGLAND · Age 44
Also on 2 other boards
director · Since 26/06/2023
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 43
Also on 1 other board
Persons with Significant Control
Fellowes Ltd
Unit 2, Ontario Drive, Doncaster, DN11 0BF
Reg: 00865306 · Companies Register Of England And Wales · Private Company Limited By Shares
Notified 10/03/2020
Former PSCs
Mr Ian George Fletcher-Price
Ceased 10/03/2020
Mrs Dawn Ann Fletcher-Price
Ceased 10/03/2020
Charges1 outstanding
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
THE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED
BARCLAYS BANK PLC
CompanyRankvs 61+ SIC 31010 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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty related to going concern - Uncertainty relating to the impact of Coronavirus (Covid-19) At the date of this report, there exists considerable uncertainty regarding the potential impact of the Coronavirus and the economic c
Key FinancialsYear ending 31/12/2019
Turnover
£28.2M
Annual revenue
Net Worth
£6.0M
Balance sheet strength
Cash
£1.1M
Cash in the bank
Profit Before Tax
£1.0M
Bottom line earnings
Net Current Assets
£3.9M
Working capital
Current Assets
£10.5M
Current Liabilities
£6.6M
Fixed Assets
£2.2M
Debtors
£6.0M
Cost of Sales
£15.5M
Gross Profit
£1.6M
Admin Expenses
£10.6M
Operating Profit
£1.1M
Profit After Tax
£887k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2019 | 1.59 |
Derived from filed accounts. Not audited figures.