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Promatec Limited

03355869

active
Private Limited Company
Companies House
Health Score
60 / 100

Some Concerns

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

Details

2 THE LAWNS, NORTH YORKSHIRE, HG2 9AS
Incorporated 14/04/1997

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28950
Manufacture of machinery for paper and paperboard production

Officers

Mrs Margaret Anne Bridges

secretary · Since 15/04/1997

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 75

Also on 7 other boards

Mrs Margaret Anne Bridges

director · Since 15/04/1997

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 75

Also on 7 other boards

Mr Michael Joseph Bridges

director · Since 15/04/1997

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 77

Also on 2 other boards

Persons with Significant Control

Mr Michael Joseph Bridges

50–75% shares
ownership-of-shares-50-to-75-percent-as-firm
50–75% votes

British · England · Age 77

2 The Lawns, North Yorkshire, HG2 9AS

Notified 22/07/2016

Charges8 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 20/10/2008Registered 23/10/2008
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 09/07/2002Registered 18/07/2002
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 15/06/2000Registered 28/06/2000
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 30/10/1998Registered 10/11/1998
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 28/05/1998Registered 09/06/1998
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 16/04/1998Registered 24/04/1998
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 14/11/1997Registered 24/11/1997
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 01/05/1997Registered 12/05/1997

CompanyRankvs 46+ SIC 28950 peers
33

Financial strength10th percentile among SIC peers · 3/25
Employees56th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.08× · 2/20
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 strength3/25 pts

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

Employees8/15 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.

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 30/04/2025

Net Worth

-£62k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£62k

Working capital

Current Assets

£6k

Current Liabilities

£67k

Fixed Assets

£250

Debtors

£170

2avg. employees

Balance Sheet

Assets less current liabilities-£62k
Signed by 1.5.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20250.08-£7k
20240.17+£4k
20230.11+£4k
20220.26-£6k
20210.29—

Derived from filed accounts. Not audited figures.