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Protech Formulations Limited

04537886

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

BECKSIDE COURT, BEVERLEY, HU17 0LF
Incorporated 18/09/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

99999
Dormant company

Officers

Mrs Karen Patricia Harte Usher

secretary · Since 18/09/2002

LIBRARIAN

BRITISH · Age 73

Also on 1 other board

Mr Martin John Usher

director · Since 18/09/2002

CHEMICAL ENGINEER

BRITISH · ENGLAND · Age 73

Also on 2 other boards

Persons with Significant Control

Molescroft Management Limited

75–100% shares
75–100% votes
Appoint directors

43 Hull Road, Cottingham, HU16 4PN

Reg: 03401788 · Companies House, England & Wales · Private Company Limited By Shares

Notified 06/04/2016

Former PSCs

Mr Martin John Usher

Ceased 06/04/2016

CompanyRankvs 22580+ SIC 99999 peers
35

Financial strength8th percentile among SIC peers · 2/25
Employees89th percentile among SIC peers · 13/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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22580Protech Formulations Limited
45
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.

Employees13/15 pts

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

Liquidity0/20 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

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

Going Concern Doubt

6. The financial statements have been prepared under the historical cost convention. Having regard to liquidity risk, current market conditions and other factors affecting the company, the use of the going concern basis of accounting is appropriate as, in the opinion of the directors, there are no material uncertainties related to events or conditions that may cast significant doubt about the abil

Key FinancialsYear ending 30/06/2024

Net Worth

£1

Balance sheet strength

Cash

£1

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

—

Current Liabilities

—

1avg. employees

Balance Sheet

Assets less current liabilities£1
Prepared with IRIS Accounts Production