Petrostrat Limited
04185518
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 4 outstanding charges (-8)
Details
Compliance
Last accounts
31/12/2024
group
Next accounts due
30/09/2026
Confirmation statement
Last: 21/04/2026
Due 05/05/2027
Industry
Officers
secretary · Since 21/03/2022
Former
corporate nominee director · Resigned 22/03/2001
corporate nominee secretary · Resigned 22/03/2001
secretary · Resigned 09/06/2008
secretary · Resigned 22/06/2020
secretary · Resigned 21/03/2022
director · Resigned 18/04/2023
director · Resigned 17/12/2025
director · Resigned 21/05/2026
Persons with Significant Control
Dr David Charles Rutledge
British · Wales · Age 58
Unit 8, Tan Y Graig, Conwy, LL32 8FA
Notified 17/12/2025
Charges4 outstanding
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Change History
Private Limited Company
UNIT 8 TAN Y GRAIG
CONWY
Active
CompanyRankvs 15+ SIC 09100 peers70
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent 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 going co
Key FinancialsYear ending 31/12/2024
Net Worth
£3.8M
Balance sheet strength
Cash
£480k
Cash in the bank
Net Current Assets
£2.0M
Working capital
Current Assets
£3.5M
Current Liabilities
£1.5M
Fixed Assets
£2.7M
Debtors
£3.0M
Profit After Tax
£732k
Tax at Year End
People Costs(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.31 | +£28k |
| 2024 | 2.81 | +£392k |
| 2023 | 2.34 | +£107k |
| 2022 | 3.38 | +£576k |
| 2021 | 2.98 | -£54k |
| 2020 | 3.23 | +£450k |
| 2019 | 2.57 | — |
Derived from filed accounts. Not audited figures.