Ping Construction Limited
05701156
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Paul Mckenna
British · England · Age 58
Unit 4, Shannon Commercial Centre, New Malden, KT3 4PT
Notified 06/04/2016
CompanyRankvs 35963+ SIC 43390 peers37
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 26/03/2025
Net Worth
-£321k
Balance sheet strength
Cash
£4k
Cash in the bank
Net Current Assets
-£363k
Working capital
Current Assets
£511k
Current Liabilities
£874k
Fixed Assets
£73k
Debtors
£507k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.58 | +£8k |
| 2024 | 0.54 | +£30k |
| 2023 | 0.48 | +£41k |
| 2022 | 0.39 | -£39k |
| 2021 | 0.41 | -£7k |
| 2020 | 0.26 | -£116k |
| 2019 | 0.37 | -£25k |
| 2018 | 0.32 | — |
Derived from filed accounts. Not audited figures.