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P W Commercial Company Limited

02994299

active
Private Limited Company
england wales
Companies House
Has been liquidated
Insolvency history
Health Score
70 / 100

Some Concerns

30/30
Filing
20/30
Financial
20/40
Risk
  • Going concern doubt noted in accounts (-10)
  • Active insolvency proceedings (-20)

Details

COMMERCE HOUSE, CHELTENHAM, GL51 9AN
Incorporated 24/11/1994

Compliance

Last accounts

31/12/2024

medium

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 01/11/2025

Due 15/11/2026

On track

Industry

46770
Wholesale of waste and scrap
52219
Other service activities incidental to land transportation

Officers

Donald Henry Robins

secretary · Since 22/07/2002

British

Donald Henry Robins

director · Since 17/05/2002

British

Geoffrey Robins

director · Since 01/12/2010

British

Sally Ann Robins

director · Since 06/05/1997

British

Former

Sally Ann Robins

secretary · Resigned 14/11/1997

Marshall Beaven Accountants And Taxation Consultants Ltd

corporate secretary · Resigned 22/07/2002

Swift Incorporations Limited

corporate nominee secretary · Resigned 24/11/1994

Donald Henry Robins

director · Resigned 06/05/1997

Karen Lesley Robins

director · Resigned 14/11/1997

Insolvency History1 case

corporate voluntary arrangement

Philip John Gorman (practitioner)

CompanyRankvs 130+ SIC 46770 peers
69

Financial strength96th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.59× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Insolvency history -10
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How is this score calculated?
Financial strength24/25 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.

Liquidity20/20 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

Insolvency history: -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

£10.9M

Annual revenue

Net Worth

£4.0M

Balance sheet strength

Cash

£489k

Cash in the bank

Profit Before Tax

£295k

Bottom line earnings

Net Current Assets

£2.2M

Working capital

Current Assets

£3.6M

Current Liabilities

£1.4M

Fixed Assets

£2.4M

Debtors

£2.0M

Cost of Sales

£7.5M

Gross Profit

£3.5M

Admin Expenses

£3.2M

Operating Profit

£249k

Profit After Tax

£243k

76avg. employees+4

Tax at Year End

Dividends paid£200k

People Costs

Wages & salaries£4.0M
NI contributions£259k

Balance Sheet

Assets less current liabilities£4.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.59+£44k
20232.66+£1.4M
20162.04

Derived from filed accounts. Not audited figures.