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Primo Drinks Ltd

04824074

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

SAME DAY BEERS CORRIE WAY BREDBURY IND ESTATE, STOCKPORT, SK6 2ST
Incorporated 07/07/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46342
46342

Officers

Mr Gavin Michael Wright

director · Since 09/07/2003

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 9 other boards

Mr Brian Michael Wright

director · Since 21/08/2006

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 2 other boards

Mr Gavin Wright

secretary · Since 25/04/2012

Persons with Significant Control

Mr Gavin Michael Wright

25–50% shares
25–50% votes

British · England · Age 44

Same Day Beers, Corrie Way Bredbury Ind Estate, Stockport, SK6 2ST

Notified 06/04/2016

Mr Brian Michael Wright

25–50% shares
25–50% votes

British · England · Age 67

Same Day Beers, Corrie Way Bredbury Ind Estate, Stockport, SK6 2ST

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

HSBC BANK PLC

Created 23/09/2016Registered 27/09/2016
Charge
satisfied

SME INVOICE FINANCE LIMITED

Created 18/06/2014Registered 02/07/2014Satisfied 03/05/2017
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 09/02/2011Registered 17/02/2011Satisfied 14/05/2015
charge
satisfied

LLOYDS TSB BANK PLC

Created 31/01/2011Registered 01/02/2011Satisfied 14/05/2015
charge
satisfied

LLOYDS TSB BANK PLC

Created 31/01/2011Registered 01/02/2011Satisfied 14/05/2015
charge
satisfied

CLOSE INVOICE FINANCE LIMITED

Created 11/08/2010Registered 14/08/2010Satisfied 22/02/2011
charge
satisfied

ALBERT BRYAN MORRALL AND CHRISTOPHER JOHN SHAW

Created 28/06/2007Registered 12/07/2007Satisfied 30/09/2011
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 20/07/2004Registered 23/07/2004Satisfied 13/01/2011
charge
satisfied

ALBERT BRYAN MORRALL AND CHRISTOPHER JOHN SHAW

Created 12/07/2004Registered 13/07/2004Satisfied 30/09/2011

CompanyRankvs 19+ SIC 46342 peers
70

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.95× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
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90
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9Seckford Wines Limited
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10Imperial Cash & Carry Limited
90
19Primo Drinks Ltd
90
How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity20/20 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

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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

Turnover

£32.5M

Annual revenue

Net Worth

£12.3M

Balance sheet strength

Cash

£4.0M

Cash in the bank

Profit Before Tax

£2.9M

Bottom line earnings

Net Current Assets

£11.6M

Working capital

Current Assets

£15.6M

Current Liabilities

£3.9M

Fixed Assets

£850k

Debtors

£614k

Cost of Sales

£25.6M

Gross Profit

£6.9M

Admin Expenses

£4.3M

Operating Profit

£2.7M

Profit After Tax

£2.2M

80avg. employees

Tax at Year End

Corp tax£366k
Dividends paid£264k

People Costs

Wages & salaries£2.3M
NI contributions£228k

Balance Sheet

Assets less current liabilities£12.5M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20243.95+£2.0M
20233.20+£1.7M
20223.40—

Derived from filed accounts. Not audited figures.