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Precious Ideals Limited

05365110

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

Details

OAKHILL COLLEGE WISWELL LANE, CLITHEROE, BB7 9AF
Incorporated 15/02/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41202
Construction of domestic buildings

Officers

Jean Baron

secretary · Since 24/08/2005

BRITISH

Mr Anthony John Baron

director · Since 24/08/2005

DIRECTOR

BRITISH · UNITED KINGDOM · Age 86

Also on 7 other boards

Mr Leo John Baron

director · Since 30/11/2018

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 1 other board

Persons with Significant Control

Oakhill Investments (Uk) Limited

75–100% shares
75–100% votes

Oakhill College, Wiswell Lane, Clitheroe, BB7 9AF

Reg: 04599229 · England And Wales · Limited Company

Notified 15/01/2018

Former PSCs

Withy Trees Ltd

Ceased 15/01/2018

Charges0 outstanding

Charge
satisfied

TOWER GRANGE FINANCE LIMITED

Created 08/12/2020Registered 11/12/2020Satisfied 20/05/2025

CompanyRankvs 37557+ SIC 41202 peers
39

Financial strength32th percentile among SIC peers · 8/25
Employees33th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.66× · 6/20
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 strength8/25 pts

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

Employees5/15 pts

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

Liquidity6/20 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

profits. Page 3 continued... Precious Ideals Limited (Registered number: 05365110) Notes to the Financial Statements - continued for the Year Ended 31 August 2024 2. ACCOUNTING POLICIES - continued Going concern The company's ability to continue to trade as a going concern relies on the support of the directors and shareholders. 3. EMPLOYEES AND DIRECTORS The average number of employees during t

Key FinancialsYear ending 31/08/2024

Net Worth

£100

Balance sheet strength

Cash

£40k

Cash in the bank

Net Current Assets

-£115k

Working capital

Current Assets

£221k

Current Liabilities

£336k

Fixed Assets

£575

Debtors

£148k

1avg. employees

Tax at Year End(2023)

Corp tax£8k

Balance Sheet

Assets less current liabilities-£115k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.66
20231.01
20221.00+£905
20211.00

Derived from filed accounts. Not audited figures.