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Projectronic Developments Limited

03097923

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

C/O F.W. BERRINGER & CO, BROMLEY, BR1 3RA
Incorporated 04/09/1995

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25710
Manufacture of cutlery

Officers

Mr Timothy Simon Mountain

secretary · Since 04/09/1995

ENGINEER

BRITISH · UNITED KINGDOM · Age 62

Also on 5 other boards

Mr Timothy Simon Mountain

director · Since 04/09/1995

ENGINEER

BRITISH · UNITED KINGDOM · Age 62

Also on 5 other boards

Persons with Significant Control

Mr Timothy Simon Mountain

75–100% shares
75–100% votes

British · United Kingdom · Age 62

The White House, North End Lane, Downe, BR6 7HQ

Notified 06/04/2016

Charges2 outstanding

charge
outstanding

ROYAL AND SUN ALLIANCE LINKED INSURANCES LIMITED

Created 24/08/2000Registered 31/08/2000
charge
outstanding

MIDLAND BANK PLC

Created 22/10/1995Registered 27/10/1995

CompanyRankvs 56+ SIC 25710 peers
34

Financial strength2th percentile among SIC peers · 1/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.65× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees7/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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

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

-£31k

Balance sheet strength

Cash

£16k

Cash in the bank

Net Current Assets

-£27k

Working capital

Current Assets

£51k

Current Liabilities

£79k

Fixed Assets

£294

Debtors

£25k

1avg. employees

Balance Sheet

Assets less current liabilities-£27k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.65-£2k
20230.70+£3k
20220.79-£14k
20211.10

Derived from filed accounts. Not audited figures.