Principality Ventures Limited
03332046
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 13/03/2019
COMPANY MANAGER
BRITISH · ENGLAND · Age 80
Also on 4 other boards
director · Since 29/04/2021
MANAGEMENT CONSULTANT
BRITISH · WALES · Age 77
Also on 1 other board
Persons with Significant Control
Mr Michael Robert Haywood
British · England · Age 80
72 Dunstall Road, Halesowen, B63 1BE
Notified 06/04/2016
Anthony Grahame Scutt
British · Wales · Age 77
72 Dunstall Road, Halesowen, B63 1BE
Notified 06/04/2016
Former PSCs
Mr Michael Paul Bailey
Ceased 07/04/2021
Charges1 outstanding
NATIONWIDE FINANCE LIMITED
DBW INVESTMENTS (11) LIMITED
DBW INVESTMENTS (11) LIMITED
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 38128+ SIC 43390 peers20
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/09/2024
Net Worth
-£251k
Balance sheet strength
Cash
£4k
Cash in the bank
Net Current Assets
-£559k
Working capital
Current Assets
—
Current Liabilities
£3.3M
Fixed Assets
£309k
Debtors
£34k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | — | -£59k |
| 2023 | 1.28 | -£202k |
| 2022 | 395.51 | -£1k |
| 2021 | 3.08 | +£145 |
| 2020 | — | +£4k |
| 2019 | 7.47 | — |
Derived from filed accounts. Not audited figures.