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Plastic Furniture Company Ltd

02644623

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

NEST ROAD, GATESHEAD, NE10 0ES
Incorporated 11/09/1991

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

22290
Manufacture of other plastic products

Officers

Mr Patrick Joseph Connolly

director · Since 03/08/2020

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 6 other boards

Persons with Significant Control

Pfc Holdings Group Ltd

75–100% shares
75–100% votes

Nest Road, Nest Road, Gateshead, NE10 0ES

Reg: 13992272 · Companies House · Limited Company

Notified 02/08/2024

Former PSCs

Mr Paul Andrew Hewitt

Ceased 03/08/2020

Mr Terence William Wilson

Ceased 03/08/2020

Mr Patrick Joseph Connolly

Ceased 31/08/2024

Charges0 outstanding

charge
satisfied

BARCLAYS BANK PLC

Created 04/01/2005Registered 19/01/2005Satisfied 04/08/2020
charge
satisfied

BARCLAYS BANK PLC

Created 12/05/2003Registered 19/05/2003Satisfied 04/08/2020
charge
satisfied

PROJECT NORTH EAST

Created 19/12/1994Registered 28/12/1994Satisfied 22/08/2003
charge
satisfied

MIDLAND BANK PLC

Created 22/03/1993Registered 25/03/1993Satisfied 22/08/2003

CompanyRankvs 1861+ SIC 22290 peers
52

Financial strength56th percentile among SIC peers · 14/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.87× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength14/25 pts

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

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 31/07/2025

Net Worth

£60k

Balance sheet strength

Cash

£45k

Cash in the bank

Net Current Assets

-£45k

Working capital

Current Assets

£294k

Current Liabilities

£339k

Fixed Assets

£110k

Debtors

£155k

0avg. employees-10

Tax at Year End(2020)

Corp tax£23k

Balance Sheet

Assets less current liabilities£65k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.87-£198k
20243.24-£187k
20233.50-£145k
20222.78+£45k
20211.62-£153k
20200.90

Derived from filed accounts. Not audited figures.