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Pendulum Sourcing Solutions Limited

05831890

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)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

40 ILBERTS WAY, PONTEFRACT, WF8 4SQ
Incorporated 30/05/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

14120
Manufacture of workwear

Officers

Mr Jonathan Mark Morrisroe

director · Since 30/05/2006

BRAND MANAGER

BRITISH · ENGLAND · Age 60

Persons with Significant Control

Mr Jonathan Mark Morrisroe

50–75% shares
50–75% votes
Appoint directors

British · England · Age 60

40, Ilberts Way, Pontefract, WF8 4SQ

Notified 06/04/2016

Former PSCs

Mrs Andrea Morrisroe

Ceased 01/06/2022

CompanyRankvs 333+ SIC 14120 peers
36

Financial strength8th percentile among SIC peers · 2/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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333Pendulum Sourcing Solutions Limited
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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.

Employees2/15 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 31/05/2024

Net Worth

-£26k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£28k

Working capital

Current Assets

£2k

Current Liabilities

£30k

Fixed Assets

£2k

Debtors

£2k

0avg. employees-1

Balance Sheet

Assets less current liabilities-£26k
Signed by 1.6.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20240.06-£10k
20230.09+£3k
20220.23-£43k
20210.26-£7k
2020—-£30k
2019—+£14k

Derived from filed accounts. Not audited figures.