Px Manufacturing Ltd
02980841
Healthy
- Going concern doubt noted in accounts (-10)
- 8 outstanding charges (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 06/02/2013
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 56
Also on 8 other boards
secretary · Since 18/03/2014
director · Since 18/03/2014
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 54
Also on 2 other boards
Persons with Significant Control
Mr Rafal Tetnowski
British · England · Age 54
40 Thorby Avenue, Cambridgeshire, PE15 0AZ
Notified 06/04/2016
Dr Pawel Tetnowski
British · United Kingdom · Age 56
40 Thorby Avenue, Cambridgeshire, PE15 0AZ
Notified 06/04/2016
Former PSCs
Mr Stanislaw Franciszek Tetnowski
Ceased 02/02/2023
Charges8 outstanding
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THREADNEEDLE VENTURE CAPITAL LIMITED
CompanyRankvs 57+ SIC 27120 peers65
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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
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 31/12/2024
Turnover
£49.6M
Annual revenue
Net Worth
£15.7M
Balance sheet strength
Cash
£1.3M
Cash in the bank
Profit Before Tax
£339k
Bottom line earnings
Net Current Assets
£10.4M
Working capital
Current Assets
£24.2M
Current Liabilities
£13.8M
Fixed Assets
£8.4M
Debtors
£10.4M
Cost of Sales
£45.2M
Gross Profit
£4.4M
Admin Expenses
£2.7M
Operating Profit
£781k
Profit After Tax
£240k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.75 | +£240k |
| 2023 | 2.34 | — |
Derived from filed accounts. Not audited figures.