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P.M. Tuning Racing Products Limited

04366251

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

UNITS 1-4A FREIGHTWAY, MORECAMBE, LA3 3PB
Incorporated 04/02/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

30990
Manufacture of other transport equipment

Officers

Paul Melici

director · Since 04/02/2002

ENGINEER

BRITISH · UNITED KINGDOM · Age 64

Mr Geno Michael Melici

director · Since 01/12/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 3 other boards

Persons with Significant Control

Mr Geno Michael Melici

25–50% shares

British · England · Age 39

Units 1-4a, Freightway, Morecambe, LA3 3PB

Notified 06/04/2016

Mr Paul Melici

75–100% shares

British · England · Age 64

Units 1-4a, Freightway, Morecambe, LA3 3PB

Notified 14/11/2020

Former PSCs

Mr Paul Melici

Ceased 31/07/2018

Charges2 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 25/09/2015Registered 26/09/2015
Charge
outstanding

BARCLAYS BANK PLC

Created 16/04/2015Registered 24/04/2015

CompanyRankvs 156+ SIC 30990 peers
67

Financial strength79th percentile among SIC peers · 20/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.52× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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156P.M. Tuning Racing Products Limited
73
How is this score calculated?
Financial strength20/25 pts

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

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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

£390k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£126k

Working capital

Current Assets

£370k

Current Liabilities

£244k

Fixed Assets

£340k

6avg. employees

Balance Sheet

Assets less current liabilities£466k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20251.52-£46k
20241.67+£9k
20231.70+£21k
20222.04+£22k
20211.85—

Derived from filed accounts. Not audited figures.