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Pioneer (Luminum) Ltd

03167668

active - proposal to strike off
Private Limited Company
england wales
Companies House
Health Score
N/A

Details

32 BURN ROAD, BLAYDON-ON-TYNE, NE21 6EA
Incorporated 28/02/1996

Compliance

Last accounts

30/06/2022

total exemption full

Next accounts due

31/03/2024

Overdue

Confirmation statement

Last: 29/02/2024

Due 14/03/2025

Overdue

Industry

22190
Manufacture of other rubber products

Officers

Mr Steven Paul Mcgarvie

director · Since 24/03/1998

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 5 other boards

Miss Melissa Rebecca Mcgarvie

secretary · Since 19/11/2014

Persons with Significant Control

Mr Steve Mcgarvie

Significant control

British · England · Age 67

32, Burn Road, Blaydon-On-Tyne, NE21 6EA

Notified 06/04/2016

Charges4 outstanding

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outstanding

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CompanyRankvs 455+ SIC 22190 peers
29

Financial strength5th percentile among SIC peers · 1/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.92× · 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.

Employees2/15 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 30/06/2022

Net Worth

-£40k

Balance sheet strength

Cash

£622

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£22k

Current Liabilities

£23k

Fixed Assets

£1k

Debtors

£19k

Profit After Tax

£720

0avg. employees-1

Balance Sheet

Assets less current liabilities-£616
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20220.92+£720
20211.19

Derived from filed accounts. Not audited figures.