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Paine Manwaring Limited

02739418

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

UNIT D EASTING CLOSE, WORTHING, BN14 8HQ
Incorporated 14/08/1992

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation
43220
Plumbing, heat and air-conditioning installation

Officers

Mr Andrew David Prager

director · Since 31/05/2013

ELECTRICAL DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 3 other boards

Mr James Michael Preston

director · Since 16/01/2015

CONTRACTS DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 3 other boards

Mr Adam James Doick

director · Since 01/04/2019

SERVICE & MAINTENANCE DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 2 other boards

Mr Clive James Linford

secretary · Since 30/09/2019

Also on 1 other board

Mr Clive James Linford

director · Since 30/09/2019

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 1 other board

Charges0 outstanding

charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 17/10/2011Registered 19/10/2011Satisfied 18/08/2025
charge
satisfied

MIDLAND BANK PLC

Created 03/09/1998Registered 08/09/1998Satisfied 25/03/2009
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 20/08/1998Registered 25/08/1998Satisfied 25/03/2009

CompanyRankvs 1850+ SIC 43210 peers
72

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.45× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

Liquidity12/20 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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 directors with respect to going co

Key FinancialsYear ending 31/03/2025

Turnover

£25.7M

Annual revenue

Net Worth

£2.2M

Balance sheet strength

Cash

£3.3M

Cash in the bank

Profit Before Tax

£2.0M

Bottom line earnings

Net Current Assets

£2.1M

Working capital

Current Assets

£6.7M

Current Liabilities

£4.6M

Fixed Assets

£97k

Debtors

£3.4M

Cost of Sales

£20.7M

Gross Profit

£5.0M

Admin Expenses

£3.1M

Operating Profit

£1.9M

Profit After Tax

£1.5M

106avg. employees+7

Tax at Year End

Corp tax£271k
Dividends paid£1.1M

People Costs

Wages & salaries£4.4M
NI contributions£364k

Balance Sheet

Assets less current liabilities£2.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.45+£375k
20241.52+£584k
20231.37+£89k
20221.40+£124k
20211.27-£1.1M
20201.81

Derived from filed accounts. Not audited figures.