Parsons Heating Limited
05078099
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/07/2024
total exemption full
Next accounts due
30/04/2026
Confirmation statement
Last: 01/03/2026
Due 15/03/2027
Industry
Officers
director · Since 18/03/2004
DIRECTOR
BRITISH · ENGLAND · Age 49
Also on 2 other boards
director · Since 15/10/2007
OFFICE MANAGER
BRITISH · ENGLAND · Age 46
Also on 1 other board
Persons with Significant Control
Mr Andrew James Cairney
British · England · Age 49
463-465, High Street, Lincoln, LN5 8JB
Notified 06/04/2016
Mrs Claire Anita Cairney
British · England · Age 46
463-465, High Street, Lincoln, LN5 8JB
Notified 06/04/2016
CompanyRankvs 26061+ SIC 43220 peers30
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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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern
Key FinancialsYear ending 31/07/2024
Net Worth
-£63k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£64k
Working capital
Current Assets
£20k
Current Liabilities
£85k
Fixed Assets
£21k
Debtors
£13k
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 0.24 | -£44k | £192k |
| 2023 | 0.75 | -£11k | £274k |
| 2022 | 1.08 | — | £26k |
| 2021 | 1.38 | — | — |
| 2020 | 3.01 | — | — |
| 2019 | 0.81 | — | — |
| 2018 | 0.44 | — | — |
Derived from filed accounts. Not audited figures.