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Panel Systems (Holdings) Limited

02577957

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

UNITS 3-9, WELLAND CLOSE, RUTLAND ROAD, S3 9QY
Incorporated 29/01/1991

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr Christopher Malcolm Ibbotson

director · Since 24/05/1991

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 74

Also on 3 other boards

Persons with Significant Control

Mr Christopher Malcolm Ibbotson

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 74

Units 3-9, Welland Close, Rutland Road, S3 9QY

Notified 01/01/2017

Mrs Myra Ann Ibbotson

25–50% shares

British · United Kingdom · Age 78

Units 3-9, Welland Close, Rutland Road, S3 9QY

Notified 18/11/2021

Charges0 outstanding

charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC.

Created 24/05/1991Registered 03/06/1991Satisfied 21/04/2007

CompanyRankvs 73+ SIC 32990 peers
80

Financial strength98th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.66× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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73Panel Systems (Holdings) Limited
90
How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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

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

ified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent 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 director with respect to g

Key FinancialsYear ending 31/12/2025

Net Worth

£5.3M

Balance sheet strength

Cash

£4.2M

Cash in the bank

Profit Before Tax

£100k

Bottom line earnings

Net Current Assets

£5.2M

Working capital

Current Assets

£6.6M

Current Liabilities

£1.4M

Fixed Assets

£154k

Debtors

£1.5M

Cost of Sales

£8.9M

Admin Expenses

£828k

Profit After Tax

£73k

61avg. employees+61

Tax at Year End

Corp tax£38k
Dividends paid-£240k

People Costs

Wages & salaries£2.0M

Balance Sheet

Intangible assets£2k
Assets less current liabilities£5.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20254.66-£77k
2024—+£322k
2022—+£5.0M
2021—+£0

Derived from filed accounts. Not audited figures.