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Primex Plastics Limited

03387047

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

BEAUMONT WAY, NEWTON AYCLIFFE, DL5 6SN
Incorporated 10/06/1997

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 10/06/2026

Due 24/06/2027

On track

Industry

22210
Manufacture of plastic plates, sheets, tubes and profiles

Officers

Michael John Cramer

director · Since 30/09/2000

PRESIDENT

AMERICAN · UNITED STATES · Age 71

Mr Robert Eugene Houseman

director · Since 09/03/2021

DIRECTOR OF FINANCE

AMERICAN · UNITED STATES · Age 60

Mr Blaise Sarcone

director · Since 21/06/2024

SENIOR MANAGER

AMERICAN · UNITED STATES · Age 71

Persons with Significant Control

Mrs Maya Farber

25–50% shares

American · United States · Age 90

Beaumont Way, Newton Aycliffe, DL5 6SN

Notified 06/04/2016

Former PSCs

Dr John Farber

Ceased 26/02/2024

CompanyRankvs 15+ SIC 22210 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 7.75× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 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.

Liquidity20/20 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

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2024

Net Worth

£10.5M

Balance sheet strength

Cash

£4.4M

Cash in the bank

Profit Before Tax

£1.3M

Bottom line earnings

Net Current Assets

£8.2M

Working capital

Current Assets

£9.4M

Current Liabilities

£1.2M

Fixed Assets

£2.3M

Debtors

£3.0M

Cost of Sales

£9.6M

Admin Expenses

£889k

Profit After Tax

£999k

61avg. employees-2

People Costs

Wages & salaries£2.2M

Balance Sheet

Assets less current liabilities£10.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20247.75-£2.5M
20234.10+£0
20223.20+£0
20212.83

Derived from filed accounts. Not audited figures.