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P55 Limited

03345358

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

7 FOLGATE ROAD, NORFOLK, NR28 0AJ
Incorporated 04/04/1997

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28120
Manufacture of fluid power equipment
28131
Manufacture of pumps

Officers

Mr Richard Mark Pratt

director · Since 16/04/1997

ENGINEER

BRITISH · ENGLAND · Age 63

Also on 3 other boards

Mr Andrew Brammer

director · Since 04/06/2008

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 4 other boards

Mr Richard Mark Pratt

secretary · Since 12/04/2013

Also on 3 other boards

Mr Tom Richards

director · Since 24/03/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 37

Persons with Significant Control

Mr Richard Mark Pratt

75–100% shares
75–100% votes
Appoint directors

British · England · Age 63

7 Folgate Road, Norfolk, NR28 0AJ

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

WESTON HALL ESTATE LIMITED (CRN: 08399557)

Created 13/06/2019Registered 24/06/2019
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 05/11/2013Registered 07/11/2013
charge
satisfied

BARCLAYS BANK PLC

Created 02/01/2013Registered 12/01/2013Satisfied 28/01/2014
charge
outstanding

TAYLOR PATTERSON TRUSTEES LIMITED AND RICHARD MARK PRATT AS TRUSTEES OF THE RICHARD PRATT RETIR

Created 04/12/2012Registered 07/12/2012
charge
satisfied

BARCLAYS BANK PLC

Created 23/07/2010Registered 29/07/2010Satisfied 28/01/2014
charge
satisfied

BARCLAYS BANK PLC

Created 07/07/2010Registered 14/07/2010Satisfied 28/01/2014
charge
satisfied

BARCLAYS BANK PLC

Created 10/05/2006Registered 16/05/2006Satisfied 28/01/2014
charge
satisfied

BARCLAYS BANK PLC

Created 25/08/2005Registered 03/09/2005Satisfied 28/01/2014
charge
satisfied

HSBC BANK PLC

Created 06/12/2004Registered 15/12/2004Satisfied 01/06/2006
charge
satisfied

MIDLAND BANK PLC

Created 01/05/1997Registered 07/05/1997Satisfied 01/06/2006

CompanyRankvs 49+ SIC 28120 peers
65

Financial strength73th percentile among SIC peers · 18/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.24× · 12/20
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 strength18/25 pts

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

Employees15/15 pts

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

Liquidity12/20 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 31/03/2025

Net Worth

£530k

Balance sheet strength

Cash

£90k

Cash in the bank

Net Current Assets

£417k

Working capital

Current Assets

£2.2M

Current Liabilities

£1.8M

Fixed Assets

£942k

Debtors

£1.8M

61avg. employees-4

Tax at Year End

Corp tax£90k

Balance Sheet

Intangible assets£19k
Bank loans & overdrafts£355k
Assets less current liabilities£1.4M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20251.24+£61k
20241.49-£40k
20231.44+£41k
20221.38+£266k
20211.61

Derived from filed accounts. Not audited figures.