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Plaster Elegance (Cannock) Limited

04012141

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 1 EXCHANGE INDUSTRIAL, CANNOCK, WS11 3BW
Incorporated 12/06/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr Richard Ward

secretary · Since 12/06/2000

BUILDER PLASTERER

BRITISH · ENGLAND · Age 53

Also on 3 other boards

Mr Richard Ward

director · Since 12/06/2000

BUILDER PLASTERER

BRITISH · ENGLAND · Age 53

Also on 3 other boards

Roy Ward

director · Since 12/06/2000

BUILDER PLASTERER

BRITISH · ENGLAND · Age 78

Persons with Significant Control

Mr Richard Ward

Significant control

British · England · Age 53

Unit 1 Exchange Industrial, Cannock, WS11 3BW

Notified 13/06/2023

Former PSCs

Mrs Jayne Ward

Ceased 13/06/2023

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 11/08/2000Registered 19/08/2000

CompanyRankvs 9080+ SIC 32990 peers
38

Financial strength11th percentile among SIC peers · 3/25
Employees63th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.73× · 6/20
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.

Employees9/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/06/2025

Net Worth

-£9k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£7k

Working capital

Current Assets

£20k

Current Liabilities

£28k

Fixed Assets

£80

3avg. employees

Balance Sheet

Assets less current liabilities-£7k
Signed by Mr Richard Ward Mr Roy Ward 31/03/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.73+£0
20250.73-£30k
20240.29+£12k
20231.15+£5k
20221.05+£618
20211.77

Derived from filed accounts. Not audited figures.