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Performance & Reward Centre Limited

04816329

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

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

Details

42 BERNERS STREET, LONDON, W1T 3ND
Incorporated 01/07/2003

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 01/07/2025

Due 15/07/2026

On track

Industry

72200
Research and experimental development on social sciences and humanities

Officers

Michael Haffenden

director · Since 07/07/2003

MANAGEMENT CONSULTANT

BRITISH · UNITED KINGDOM · Age 78

Also on 18 other boards

Ms Gillian Margaret Pillans

director · Since 29/09/2021

RESEARCHER

BRITISH · UNITED KINGDOM · Age 53

Also on 3 other boards

Persons with Significant Control

Michael Haffenden

25–50% shares
25–50% votes

British · United Kingdom · Age 78

42, Berners Street, London, W1T 3ND

Notified 06/04/2016

Mhh 2018 Limited

25–50% shares
25–50% votes

105, Victoria Street, London, SW1E 6QT

Reg: 11689987 · Companies House · Limited Company

Notified 17/01/2019

Former PSCs

Mrs Mairi Bernadette Bannon

Ceased 17/01/2019

CompanyRankvs 216+ SIC 72200 peers
63

Financial strength74th percentile among SIC peers · 19/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.14× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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216Performance & Reward Centre Limited
73
How is this score calculated?
Financial strength19/25 pts

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

Employees12/15 pts

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

Liquidity12/20 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

lead to significant doubts upon the Company's ability to continue as a going concern. Thus the directors have continued to adopt the going concern basis of accounting in preparing these financial statements. 3. Employees and directors The average number of employees during the year was 2 (2023 - 2 ) . 4. Debtors: amounts falling due within one

Key FinancialsYear ending 31/10/2024

Net Worth

£11k

Balance sheet strength

Cash

£21k

Cash in the bank

Net Current Assets

£53k

Working capital

Current Assets

£433k

Current Liabilities

£380k

Debtors

£411k

Profit After Tax

£36k

2avg. employees

Balance Sheet

Assets less current liabilities£53k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.14+£36k
20231.05—

Derived from filed accounts. Not audited figures.