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Panacea Projects Ltd

03983076

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

UNIT 18 FIRGROVE BUSINESS PARK, ROCHDALE, OL16 2UJ
Incorporated 28/04/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

20590
Manufacture of other chemical products
47990
Other retail sale not in stores, stalls or markets

Officers

Tania Davies

secretary · Since 05/05/2000

BRITISH

Also on 1 other board

Mr Michael David Davies

director · Since 05/05/2000

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 1 other board

Persons with Significant Control

Mr Michael David Davies

50–75% shares

British · England · Age 61

Unit 18, Firgrove Business Park, Rochdale, OL16 2UJ

Notified 06/04/2016

CompanyRankvs 417+ SIC 20590 peers
57

Financial strength9th percentile among SIC peers · 2/25
Employees30th percentile among SIC peers · 5/15
LiquidityCurrent ratio 2.2× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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417Panacea Projects Ltd
57
How is this score calculated?
Financial strength2/25 pts

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

Employees5/15 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.

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

-£13k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£4k

Current Liabilities

£2k

0avg. employees

Balance Sheet

Assets less current liabilities-£2k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20252.20+£0
20241.98-£1k
202314.14-£1k
202224.19-£16k
20215.66—

Derived from filed accounts. Not audited figures.