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Projects Abroad (Europe) Limited

02738781

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

83 QUEENS ROAD, BRIGHTON, BN1 3XE
Incorporated 11/08/1992

Compliance

Last accounts

26/12/2024

unaudited abridged

Next accounts due

26/09/2026

On track

Confirmation statement

Last: 18/12/2025

Due 01/01/2027

On track

Industry

79110
Travel agency activities

Officers

Dr Peter Malcolm Slowe

director · Since 11/08/1992

GEOGRAPHER

BRITISH · ENGLAND · Age 73

Also on 9 other boards

Mr Greg Morris Thomson

secretary · Since 18/08/2015

Persons with Significant Control

Dr Peter Malcolm Slowe

Significant control

British · England · Age 73

83, Queens Road, Brighton, BN1 3XE

Notified 06/04/2016

CompanyRankvs 4778+ SIC 79110 peers
50

Financial strength1th percentile among SIC peers · 0/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.85× · 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 strength0/25 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.

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

Key FinancialsYear ending 26/12/2024

Net Worth

-£657k

Balance sheet strength

Cash

£717k

Cash in the bank

Net Current Assets

-£608k

Working capital

Current Assets

£3.3M

Current Liabilities

£3.9M

Fixed Assets

£718

Debtors

£2.6M

7avg. employees

Tax at Year End(2020)

Corp tax£0

People Costs(2019)

Wages & salaries£777k
NI contributions£17k

Balance Sheet

Assets less current liabilities-£608k
Signed by 2023-12-27Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.85+£172k
20230.74-£270k
20221.00+£0
20221.00+£109k
20210.99+£128k
20200.97-£737k
20191.04

Derived from filed accounts. Not audited figures.