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Panel Processing Limited

05248479

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

11 FAIRHOLME LANE, HULL, HU7 5XB
Incorporated 01/10/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

31090
Manufacture of other furniture

Officers

Mrs Jean Birch

secretary · Since 01/10/2004

SRN RETIRED

BRITISH · ENGLAND · Age 87

Also on 7 other boards

Mr Guy John Birch

director · Since 01/10/2004

CABINET MAKER

BRITISH · ENGLAND · Age 60

Also on 1 other board

Mrs Jean Birch

director · Since 01/10/2004

SRN RETIRED

BRITISH · ENGLAND · Age 87

Also on 7 other boards

Persons with Significant Control

Mrs Jean Birch

Significant control

English · England · Age 87

11, Fairholme Lane, Hull, HU7 5XB

Notified 06/04/2016

Mr Guy John Birch

Significant control

British · England · Age 60

11, Fairholme Lane, Hull, HU7 5XB

Notified 06/04/2016

Former PSCs

Mr John Holford Birch

Ceased 15/01/2025

CompanyRankvs 3034+ SIC 31090 peers
44

Financial strength2th percentile among SIC peers · 1/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.2× · 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 strength1/25 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 31/10/2024

Net Worth

-£177k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£178k

Working capital

Current Assets

£45k

Current Liabilities

£223k

Fixed Assets

£665

3avg. employees

Balance Sheet

Assets less current liabilities-£177k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.20-£33k
20230.31+£12k
20220.25-£33k
20210.23-£23k
20200.18-£13k
20190.24-£28k
20180.37

Derived from filed accounts. Not audited figures.