Project Plastics Limited
02972849
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 30/09/1994
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 82
Also on 1 other board
Persons with Significant Control
Project Plastics Fabrications Ltd
7, Grange Way Business Park, Grange Way, Colchester, CO2 8HF
Reg: 04476768 · Companes House London · Limited Company
Notified 07/09/2016
Charges1 outstanding
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 8831+ SIC 32990 peers35
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
-£94k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£88k
Working capital
Current Assets
£42k
Current Liabilities
£134k
Fixed Assets
£2k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.31 | -£15k |
| 2023 | 0.34 | -£129k |
| 2021 | 0.58 | — |
Derived from filed accounts. Not audited figures.