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Paulex Environmental Limited

05179744

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

7 TOPSHAM UNITS DART BUSINESS PARK, EXETER, EX3 0QH
Incorporated 14/07/2004

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 14/07/2025

Due 28/07/2026

On track

Industry

39000
Remediation activities and other waste management services

Officers

Mr Nicholas Edward Mullen

director · Since 14/07/2004

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 3 other boards

Mrs Kimberly Ann Mullen

director · Since 14/01/2020

DIRECTOR

AMERICAN · UNITED KINGDOM · Age 49

Persons with Significant Control

Mr Nicholas Edward Mullen

50–75% shares
50–75% votes

British · United Kingdom · Age 50

Unit 7 Topsham Business Units, Darts Business Park, Topsham, EX3 0QH

Notified 23/01/2018

Mrs Kimberly Ann Mullen

25–50% shares
25–50% votes

American · United Kingdom · Age 49

Unit 7 Topsham Business Units, Darts Business Park, Topsham, EX3 0QH

Notified 14/01/2020

Former PSCs

Clarence James Mullen

Ceased 23/01/2018

Estate Of Clarence James Mullen Deceased

Ceased 23/01/2018

CompanyRankvs 1533+ SIC 39000 peers
45

Financial strength7th percentile among SIC peers · 2/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.44× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees11/15 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£27k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

-£29k

Working capital

Current Assets

£22k

Current Liabilities

£51k

Fixed Assets

£2k

Debtors

£12k

3avg. employees

Balance Sheet

Intangible assets£1
Signed by 05179744 2024-01-01 2024-12-31 05179744 2024-12-31 05179744 core:CurrentFinancialInstruments 2024-12-31 05179744 core:CuPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.44+£129
20230.40-£19k
20220.61-£6k
20210.71-£6k
20201.05

Derived from filed accounts. Not audited figures.