Primaflow Limited
02662075
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 31/01/2020
CHIEF EXECUTIVE
BRITISH · ENGLAND · Age 70
Also on 26 other boards
director · Since 31/01/2020
FINANCIAL DIRECTOR
BRITISH · ENGLAND · Age 42
Also on 86 other boards
Persons with Significant Control
Newbury Investments (Uk) Ltd
Votec, Hambridge Lane, Newbury, RG14 5TN
Reg: 02533036 · Companies House Uk · Limited Company
Notified 31/01/2020
Former PSCs
Travis Perkins Plc
Ceased 01/03/2019
Travis Perkins P&H Holdings Limited
Ceased 31/01/2020
Mr Nigel John Palmer
Ceased 14/05/2020
Mr Leo Yu
Ceased 14/05/2020
Mr Steven Westbrook
Ceased 14/05/2020
Charges0 outstanding
HSBC BANK PLC
THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND
ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
MIDLAND BANK PLC
CompanyRankvs 2860+ SIC 46740 peers76
Show leaderboard
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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
appropriate; or the directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the company’s ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue . Other information The directors are responsible for the
Key FinancialsYear ending 31/12/2019
Turnover
£309.3M
Annual revenue
Net Worth
£42.7M
Balance sheet strength
Cash
£2.7M
Cash in the bank
Profit Before Tax
£6.8M
Bottom line earnings
Net Current Assets
£42.2M
Working capital
Current Assets
£116.1M
Current Liabilities
£73.9M
Fixed Assets
£549k
Debtors
£77.6M
Cost of Sales
£273.8M
Gross Profit
£35.5M
Admin Expenses
£6.2M
Profit After Tax
£5.6M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2019 | 1.57 |
Derived from filed accounts. Not audited figures.