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P & S Decorators (Cheltenham) Limited

02951929

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

CHARGROVE HOUSE MAIN ROAD, CHELTENHAM, GL51 4GA
Incorporated 25/07/1994

Compliance

Last accounts

31/08/2024

total exemption full

Next accounts due

30/05/2026

On track

Confirmation statement

Last: 25/07/2025

Due 08/08/2026

On track

Industry

43341
Painting
43342
Glazing

Officers

Mr Seamus Paul Mc Alary

secretary · Since 25/07/1994

DECORATOR

BRITISH · Age 62

Also on 2 other boards

Mr Seamus Paul Mc Alary

director · Since 25/07/1994

DECORATOR

BRITISH · UNITED KINGDOM · Age 62

Also on 2 other boards

Persons with Significant Control

Mr Seamus Paul Mcalary

25–50% shares

British · England · Age 62

Chargrove House, Main Road, Cheltenham, GL51 4GA

Notified 25/07/2017

Former PSCs

Mrs Tracey Anne Mcalary

Ceased 30/06/2020

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 05/09/1994Registered 12/09/1994

CompanyRankvs 718+ SIC 43341 peers
63

Financial strength90th percentile among SIC peers · 23/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.6× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength23/25 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.

Liquidity16/20 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

Outstanding charges: -10 pts

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

Going Concern Doubt

prior to the balance sheet date. In addition, a provision is only recognised where the amounts involved can be reliably estimated. Where material, provisions are calculated on a discounted basis. Going concern There are no material uncertainties that may cast significant doubt about the company's ability to continue as a going concern. 3. EMPLOYEES AND DIRECTORS The average number of employees

Key FinancialsYear ending 31/08/2024

Net Worth

£95k

Balance sheet strength

Cash

£31k

Cash in the bank

Net Current Assets

£79k

Working capital

Current Assets

£211k

Current Liabilities

£132k

Fixed Assets

£22k

Debtors

£180k

5avg. employees+1

Tax at Year End

Corp tax£32k

Balance Sheet

Assets less current liabilities£101k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.60+£6k
20231.36-£38k
20221.38+£76k
20211.07
20201.33
20191.48+£112k
20181.14

Derived from filed accounts. Not audited figures.