Peak Circuit Limited
03159227
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 19/09/2017
director · Since 19/09/2017
DIRECTOR
BRITISH · ENGLAND · Age 52
Also on 7 other boards
director · Since 19/09/2017
SOFTWARE DEVELOPMENT
BRITISH · UNITED KINGDOM · Age 49
Also on 4 other boards
Persons with Significant Control
Mountain Lake Limited
Suite Fa, Charnwood Building, Loughborough, LE11 3AQ
Reg: 10875210 · England And Wales · Private Company Limited By Shares
Notified 25/08/2017
Former PSCs
Mr Michael Raftery
Ceased 25/08/2017
Charges1 outstanding
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 25490+ SIC 43210 peers30
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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
Based on this support and the continued profitability and working capital of Mountain Iot Ltd, the Directors consider that the Company has the ability to continue as a going concern for at least the next 12 months and therefore these financial statements are prepared on a going concern basis. 2.3 Revenue Revenue is recognised to the extent that it is probable that the economic b
Key FinancialsYear ending 31/08/2024
Net Worth
-£153k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£159k
Working capital
Current Assets
£226k
Current Liabilities
£385k
Fixed Assets
£20k
Debtors
£215k
Tax at Year End(2019)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 0.59 | +£106k | — |
| 2023 | 0.47 | -£105k | — |
| 2022 | 0.68 | +£25k | — |
| 2021 | 0.62 | — | — |
| 2020 | 0.67 | — | — |
| 2019 | 0.50 | — | £748k |
| 2018 | 0.71 | — | — |
Derived from filed accounts. Not audited figures.