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G Pacitto & Sons (Redcar) Limited

03535372

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

29 HIGH STREET, CLEVELAND, TS10 3BZ
Incorporated 26/03/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

10520
Manufacture of ice cream
56102
Unlicensed restaurants and cafes

Officers

Marcus Pacitto

secretary · Since 26/03/1999

BRITISH

Mr Michael Anthony Pacitto

director · Since 26/03/1999

CATERER

BRITISH · ENGLAND · Age 83

Mr. Marcus Michael Pacitto

director · Since 01/08/2022

DIRECTOR AND COMPANY SECRETARY

BRITISH · ENGLAND · Age 61

Persons with Significant Control

Mr. Marcus Michael Pacitto

50–75% shares
50–75% votes
Appoint directors

British · England · Age 61

20, Granville Terrace, Redcar, TS10 3AP

Notified 27/03/2023

Former PSCs

Mr George Alfred Pacitto

Ceased 17/10/2021

Mr Michael Anthony Pacitto

Ceased 01/04/2024

Charges2 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 31/03/1999Registered 20/04/1999
charge
outstanding

BARCLAYS BANK PLC

Created 31/03/1999Registered 20/04/1999

CompanyRankvs 15+ SIC 10520 peers
77

Financial strength93th percentile among SIC peers · 23/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 8.81× · 20/20
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 strength23/25 pts

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

Employees14/15 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

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

£870k

Balance sheet strength

Cash

£515k

Cash in the bank

Net Current Assets

£462k

Working capital

Current Assets

£521k

Current Liabilities

£59k

Fixed Assets

£413k

Debtors

£2k

Profit After Tax

-£27k

46avg. employees

Tax at Year End

Dividends paid£36k

Director Loans(2021)

Company owes directors£13k

Balance Sheet

Assets less current liabilities£875k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20258.81-£63k
20247.26-£3k£323k
20237.98+£5k
20225.64+£50k£265k
20214.30+£69k£201k
20205.14-£44k
20194.05

Derived from filed accounts. Not audited figures.