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Prime Oak Ltd

03725306

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

THE MILLWORKS HEATH MILL ROAD, WOLVERHAMPTON, WV5 8AP
Incorporated 03/03/1999

Compliance

Last accounts

30/06/2025

group

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 03/03/2026

Due 17/03/2027

On track

Industry

41202
Construction of domestic buildings
70100
Activities of head offices

Officers

Mr Warren James Michael Lowe

director · Since 13/12/2000

DIRECTOR

ENGLISH · ENGLAND · Age 54

Also on 2 other boards

Miss Penny Louise Whitlock

director · Since 30/06/2014

ADMINISTRATOR

BRITISH · ENGLAND · Age 34

Also on 3 other boards

Mr Jack Andrew Whitlock

director · Since 04/01/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 31

Also on 10 other boards

Persons with Significant Control

Mr Andrew Philip Christopher Whitlock

75–100% shares

British · United Kingdom · Age 62

The Millworks, Heath Mill Road, Wolverhampton, WV5 8AP

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 28/04/2026Registered 01/05/2026
Charge
satisfied

BARCLAYS BANK PLC

Created 06/01/2021Registered 07/01/2021Satisfied 11/05/2026
Charge
satisfied

CATALOOCHEE LIMITED

Created 02/03/2015Registered 04/03/2015Satisfied 19/11/2020
Charge
satisfied

CATALOOCHEE LIMITED

Created 02/03/2015Registered 04/03/2015Satisfied 19/05/2020
charge
satisfied

BARCLAYS BANK PLC

Created 25/03/2004Registered 27/03/2004Satisfied 12/05/2020

CompanyRankvs 6984+ SIC 41202 peers
56

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.94× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -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.

Liquidity6/20 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

Outstanding charges: -10 pts

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

Going Concern Doubt

for concluding on the appropriateness of the directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Group's and the parent comp

Key FinancialsYear ending 30/06/2025

Turnover

£14.1M

Annual revenue

Net Worth

£13.7M

Balance sheet strength

Cash

£1.5M

Cash in the bank

Profit Before Tax

£1.4M

Bottom line earnings

Net Current Assets

-£303k

Working capital

Current Assets

£4.7M

Current Liabilities

£5.0M

Fixed Assets

£14.4M

Debtors

£2.3M

Cost of Sales

£8.2M

Gross Profit

£5.9M

Admin Expenses

£4.5M

Operating Profit

£1.4M

Profit After Tax

£1.1M

59avg. employees

Tax at Year End

Dividends paid-£100k

People Costs

Wages & salaries£2.0M
NI contributions£226k

Balance Sheet

Assets less current liabilities£14.1M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.94+£0
20250.94

Derived from filed accounts. Not audited figures.