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Parsons Heating Limited

05078099

active
Private Limited Company
england wales
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)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

86 WATERDOWN ROAD, NOTTINGHAM, NG11 9JR
Incorporated 18/03/2004

Compliance

Last accounts

31/07/2024

total exemption full

Next accounts due

30/04/2026

Overdue

Confirmation statement

Last: 01/03/2026

Due 15/03/2027

On track

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

Mr Andrew James Cairney

secretary · Since 18/03/2004

BRITISH · Age 49

Also on 2 other boards

Mr Andrew James Cairney

director · Since 18/03/2004

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 2 other boards

Mrs Claire Anita Cairney

director · Since 15/10/2007

OFFICE MANAGER

BRITISH · ENGLAND · Age 46

Also on 1 other board

Persons with Significant Control

Mr Andrew James Cairney

25–50% shares

British · England · Age 49

463-465, High Street, Lincoln, LN5 8JB

Notified 06/04/2016

Mrs Claire Anita Cairney

25–50% shares

British · England · Age 46

463-465, High Street, Lincoln, LN5 8JB

Notified 06/04/2016

CompanyRankvs 26061+ SIC 43220 peers
30

Financial strength1th percentile among SIC peers · 0/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.24× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees8/15 pts

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

Liquidity2/20 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

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

2avg. employees-1

Tax at Year End

Corp tax£15k
VAT£10k

Director Loans

Company owes directors£12k

Balance Sheet

Assets less current liabilities-£44k
Signed by Mr A J Cairney 30th July 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.24-£44k£192k
20230.75-£11k£274k
20221.08£26k
20211.38
20203.01
20190.81
20180.44

Derived from filed accounts. Not audited figures.