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Panelworx Limited

05967177

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

33 LONGFIELD ROAD, SHOTGATE, ESSEX, SS11 8PU
Incorporated 16/10/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27110
Manufacture of electric motors, generators and transformers

Officers

Mrs Michelle Stockwell

secretary · Since 16/10/2006

BRITISH · ENGLAND · Age 56

Also on 3 other boards

Mr Brian Stockwell

director · Since 16/10/2006

ELECTRICAL ENGINEER

BRITISH · ENGLAND · Age 57

Also on 1 other board

Mrs Michelle Stockwell

director · Since 16/10/2006

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 3 other boards

Persons with Significant Control

Mr Brian Stockwell

25–50% shares
25–50% votes
Appoint directors

British · England · Age 57

33 Longfield Road, Shotgate, Essex, SS11 8PU

Notified 06/04/2016

Mrs Michelle Stockwell

25–50% shares
25–50% votes
Appoint directors

British · England · Age 56

33 Longfield Road, Shotgate, Essex, SS11 8PU

Notified 06/04/2016

CompanyRankvs 216+ SIC 27110 peers
49

Financial strength9th percentile among SIC peers · 2/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.58× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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216Panelworx Limited
45
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.

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.

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

-£15k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£21k

Working capital

Current Assets

£29k

Current Liabilities

£50k

Fixed Assets

£8k

Debtors

£24k

4avg. employees

Tax at Year End

Corp tax£5k
VAT£2k

Director Loans

Company owes directors£2k

Balance Sheet

Assets less current liabilities-£13k
Signed by M Stockwell B Stockwell 24/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.58+£1k£30k
20230.69+£23k£130k
20220.30-£6k—
20210.29-£9k—
20200.48+£1k—
20190.70+£1k—
20180.64——

Derived from filed accounts. Not audited figures.