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Promethean Particles Limited

06427290

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

1-3 GENESIS PARK, NOTTINGHAM, NG7 3EF
Incorporated 14/11/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

20590
Manufacture of other chemical products

Officers

Mr. James David Stephenson

director · Since 02/09/2020

CHIEF EXECUTIVE OFFICER

BRITISH · UNITED KINGDOM · Age 52

Mr Irfan Ashfak

director · Since 31/07/2024

INVESTMENT MANAGER

BRITISH · ENGLAND · Age 35

Mr Paul Warwick Capell

director · Since 21/02/2025

DIRECTOR

BRITISH · SCOTLAND · Age 69

Also on 16 other boards

Mercia Fund Management (Nominees) Limited

director · Since 11/11/2025

BRITISH

Also on 109 other boards

Paul Michael Denney

director · Since 18/02/2026

BRITISH · UNITED KINGDOM · Age 60

Persons with Significant Control

Former PSCs

Lachesis Seed Fund Lp

Ceased 31/07/2024

East Midlands Early Growth Fund Limited

Ceased 31/07/2024

University Of Nottingham

Ceased 31/07/2024

CompanyRankvs 112+ SIC 20590 peers
72

Financial strength77th percentile among SIC peers · 19/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.24× · 20/20
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 strength19/25 pts

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

Employees13/15 pts

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

Liquidity20/20 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

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/12/2023

Net Worth

£788k

Balance sheet strength

Cash

£185k

Cash in the bank

Net Current Assets

£369k

Working capital

Current Assets

£666k

Current Liabilities

£297k

Fixed Assets

£459k

Debtors

£447k

11avg. employees

Balance Sheet

Intangible assets£71k
Assets less current liabilities£828k
Signed by Mr J D Stephenson 20 June 2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20232.24-£1.1M
20226.96+£737k
20213.80-£371k
20203.24+£248k
20199.42-£156k
20182.59

Derived from filed accounts. Not audited figures.