Transition Participations Limited
02941722
Some Concerns
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Previously known as
Compliance
Last accounts
29/05/2025
group
Next accounts due
28/02/2027
Confirmation statement
Last: 12/02/2026
Due 26/02/2027
Industry
Officers
secretary · Since 19/08/2014
Persons with Significant Control
Mrs Michelle Ingall
British · England · Age 64
Hi-Temp Works, 480 Penistone Road, Sheffield, S6 2FU
Notified 06/04/2016
Mr David John Ingall
British · England · Age 62
Hi-Temp Works, 480 Penistone Road, Sheffield, S6 2FU
Notified 06/04/2016
Charges1 outstanding
NATIONAL WESTMINSTER BANK PLC
Change History
Active
Private Limited Company
HI-TEMP WORKS
SHEFFIELD
CompanyRankvs 71+ SIC 24450 peers49
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent 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 director with respect to going concern
Key FinancialsYear ending 29/05/2025
Net Worth
£2.9M
Balance sheet strength
Cash
£56k
Cash in the bank
Profit Before Tax
-£3.2M
Bottom line earnings
Net Current Assets
£10k
Working capital
Current Assets
£1.7M
Current Liabilities
£4.2M
Fixed Assets
£6
Debtors
£2.3M
Cost of Sales
£16.6M
Admin Expenses
£2.9M
Profit After Tax
-£3.0M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.41 | -£3.3M |
| 2024 | 1.01 | — |
Derived from filed accounts. Not audited figures.