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Pem Sheetmetal Limited

05151045

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

SUTHERLAND HOUSE, 1759 LONDON, ESSEX, SS9 2RZ
Incorporated 11/06/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

24330
Cold forming or folding

Officers

Sutherland Corporate Services Limited

secretary · Since 11/06/2004

BRITISH

Also on 33 other boards

Steven Arthur Bell

director · Since 01/09/2006

COMPUTER CONSULTANT

BRITISH · Age 61

Mr Andrew Paul Mate

director · Since 08/11/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 7 other boards

Persons with Significant Control

Pem Laser Limited

75–100% shares
75–100% votes

Sutherland House, 1759 London Road, Leigh-On-Sea, SS9 2RZ

Reg: 01747946 · Companies House · Limited Company

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

MR STEVEN ARTHUR BELL

Created 17/07/2014Registered 06/08/2014
charge
outstanding

HSBC INVOICE FINANCE (UK) LIMITED (THE SECURITY HOLDER)

Created 18/01/2011Registered 20/01/2011
charge
outstanding

HSBC BANK PLC

Created 14/08/2007Registered 21/08/2007

CompanyRankvs 41+ SIC 24330 peers
67

Financial strength66th percentile among SIC peers · 17/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.51× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength17/25 pts

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

Employees14/15 pts

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

Liquidity16/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/08/2024

Net Worth

£749k

Balance sheet strength

Cash

£103k

Cash in the bank

Net Current Assets

£653k

Working capital

Current Assets

£1.9M

Current Liabilities

£1.3M

Fixed Assets

£119k

Debtors

£820k

Profit After Tax

£195k

87avg. employees+2

Tax at Year End

Dividends paid£87k

Balance Sheet

Assets less current liabilities£772k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.51+£108k
20231.34+£118k
20221.30-£43k
20211.37+£251k
20201.13-£121k
20191.34+£235k
20181.16

Derived from filed accounts. Not audited figures.