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Priority Associates Ltd

03112943

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

76 CHURCHFIELDS ROAD CHURCHFIELDS ROAD, SLEAFORD, NG34 0TR
Incorporated 12/10/1995

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 10/10/2025

Due 24/10/2026

On track

Industry

58142
Publishing of consumer and business journals and periodicals
70229
Management consultancy activities
74909
Other professional, scientific and technical activities
84250
Fire service activities

Officers

Mr Neil Wallington

director · Since 12/10/1995

CONSULTANT

BRITISH · ENGLAND · Age 84

Also on 1 other board

Mrs Susan Vanessa Wallington

secretary · Since 13/10/1995

COMPANY SECRETARY

BRITISH · ENGLAND · Age 76

Also on 7 other boards

Mrs Susan Vanessa Wallington

director · Since 13/10/1995

COMPANY SECRETARY

BRITISH · ENGLAND · Age 76

Also on 7 other boards

Persons with Significant Control

Mrs Susan Vanessa Wallington

25–50% shares
25–50% votes
Appoint directors

British · England · Age 76

76 Churchfields Road, Churchfields Road, Sleaford, NG34 0TR

Notified 06/04/2016

Mr Neil Wallington

25–50% shares

British · England · Age 84

76 Churchfields Road, Churchfields Road, Sleaford, NG34 0TR

Notified 06/04/2016

CompanyRankvs 1424+ SIC 58142 peers
43

Financial strength6th percentile among SIC peers · 2/25
Employees62th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees9/15 pts

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

Liquidity2/20 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.

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

Key FinancialsYear ending 31/10/2025

Net Worth

-£63k

Balance sheet strength

Cash

£16

Cash in the bank

Net Current Assets

-£58k

Working capital

Current Assets

£16

Current Liabilities

£58k

Fixed Assets

£165

2avg. employees

Tax at Year End(2023)

Corp tax-£170

Balance Sheet

Assets less current liabilities-£58k
Signed by Mr Neil Wallington 10/07/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.00-£7k
2024—-£8k

Derived from filed accounts. Not audited figures.