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Pab Studios Limited

05994005

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

142 THORNES LANE, WAKEFIELD, WF2 7RE
Incorporated 09/11/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

73110
Advertising agencies

Officers

Mr Michael John Lee

director · Since 09/11/2006

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 13 other boards

Camille Johnson

director · Since 01/01/2007

SALES DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 1 other board

Mr Richard Stephen Teatum

director · Since 01/01/2007

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 15 other boards

Mr Michael John Lee

secretary · Since 11/01/2008

BRITISH · ENGLAND · Age 64

Also on 13 other boards

Persons with Significant Control

Mr Michael John Lee

50–75% shares
50–75% votes

British · England · Age 64

142, Thornes Lane, Wakefield, WF2 7RE

Notified 06/04/2016

Mrs Camille Johnson

Significant control

British · England · Age 52

142, Thornes Lane, Wakefield, WF2 7RE

Notified 06/04/2016

Mr Richard Stephen Teatum

25–50% shares
25–50% votes

British · England · Age 69

142, Thornes Lane, Wakefield, WF2 7RE

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE BANK AND YORKSHIRE BANK)

Created 16/01/2020Registered 22/01/2020
Charge
satisfied

CLYDESDALE BANK PLC

Created 24/07/2019Registered 01/08/2019Satisfied 01/10/2019
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 08/03/2007Registered 13/03/2007Satisfied 28/11/2019

CompanyRankvs 829+ SIC 73110 peers
76

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.63× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity16/20 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£1.8M

Balance sheet strength

Cash

£842k

Cash in the bank

Net Current Assets

£501k

Working capital

Current Assets

£1.3M

Current Liabilities

£791k

Fixed Assets

£1.5M

Debtors

£451k

24avg. employees+2

Tax at Year End(2019)

Corp tax£142k
VAT£125k

Director Loans(2019)

Company owes directors£338k

Balance Sheet

Assets less current liabilities£2.0M
Signed by Mr Michael Lee Ms Camille Johnson 4 March 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.63-£312k
20232.65+£83k
20222.42-£74k
20213.31+£58k
20202.47+£299k
20191.56-£144k£2.5M
20181.94+£742k
20161.19

Derived from filed accounts. Not audited figures.