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Pressuretech Transport Services Limited

02661200

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

THE RAILWAY GOODS YARD, CARNFORTH, LA6 2NE
Incorporated 07/11/1991

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46719
Wholesale of other fuels and related products

Officers

Mr Michael Hyde Smith

director · Since 12/03/1992

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 68

Also on 5 other boards

Persons with Significant Control

Mr Michael Hyde Smith

75–100% shares
75–100% votes

British · United Kingdom · Age 68

"La Croute De Bas",, Route De St. Andre,, St. Andrews,, GY6 8TX

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

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outstanding

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE AND YORKSHIRE BANK) (COMPANY NUMBER SC001111)

Created 29/11/2017Registered 04/12/2017
Charge
satisfied

ASSETZ CAPITAL TRUST COMPANY LIMITED

Created 27/01/2015Registered 10/02/2015Satisfied 23/01/2018
Charge
satisfied

ASSETZ CAPITAL TRUST COMPANY LIMITED

Created 27/01/2015Registered 09/02/2015Satisfied 23/01/2018
charge
satisfied

AIB GROUP (UK) PLC

Created 11/04/2007Registered 12/04/2007Satisfied 15/07/2009
charge
satisfied

TEXACO LIMITED

Created 27/04/2004Registered 29/04/2004Satisfied 14/05/2011
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 27/11/2002Registered 03/12/2002Satisfied 06/03/2004

CompanyRankvs 158+ SIC 46719 peers
62

Financial strength89th percentile among SIC peers · 22/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.57× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees14/15 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/09/2024

Net Worth

£1.0M

Balance sheet strength

Cash

£513

Cash in the bank

Net Current Assets

-£327k

Working capital

Current Assets

£435k

Current Liabilities

£763k

Fixed Assets

£1.8M

Debtors

£425k

12avg. employees+1

Tax at Year End

Corp tax£105k

Director Loans

Company owes directors£52

Balance Sheet

Assets less current liabilities£1.5M
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.57+£17k
20230.63+£217k
20220.51+£108k
20210.43-£27k
20200.59+£36k
20190.74

Derived from filed accounts. Not audited figures.