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Promatec Solutions Limited

06735884

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
70 / 100

Some Concerns

30/30
Filing
20/30
Financial
20/40
Risk
  • Active insolvency proceedings (-20)

Details

PARK HOUSE 27 DONISTHORPE LANE, SWADLINCOTE, DE12 6AZ
Incorporated 28/10/2008

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 28/10/2025

Due 11/11/2026

On track

Industry

28220
Manufacture of lifting and handling equipment

Officers

Mr Michael John Meadows

secretary · Since 28/10/2008

BRITISH · UNITED KINGDOM · Age 73

Also on 4 other boards

Mr Michael John Meadows

director · Since 28/10/2008

DIRECTOR

BRITISH · UNITED KINGDOM · Age 73

Also on 4 other boards

Mrs Lesley Meadows

director · Since 03/03/2017

DIRECTOR

BRITISH · ENGLAND · Age 75

Also on 1 other board

Persons with Significant Control

Pro-Group Solutions Limited

25–50% shares
25–50% votes

27, Donishthorpe Lane, Swadlincote, DE12 6AZ

Reg: 09417813 · England & Wales · Limited Company

Notified 06/04/2016

Mr Michael John Meadows

25–50% shares
25–50% votes

British · England · Age 73

11th Floor, One Temple Row, Birmingham, B2 5LG

Notified 06/04/2016

Former PSCs

Pro-Group Solutions Limited

Ceased 06/04/2016

Insolvency History1 case

members voluntary liquidation13/03/2026

Mark Malone (practitioner) · Gareth Prince (practitioner)

CompanyRankvs 208+ SIC 28220 peers
62

Financial strength64th percentile among SIC peers · 16/25
Employees42th percentile among SIC peers · 6/15
LiquidityCurrent ratio 2.05× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength16/25 pts

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

Employees6/15 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£272k

Balance sheet strength

Cash

£323k

Cash in the bank

Net Current Assets

£274k

Working capital

Current Assets

£535k

Current Liabilities

£261k

Fixed Assets

£15k

Debtors

£212k

2avg. employees

Tax at Year End

Corp tax£39k
VAT£67k

Director Loans

Company owes directors£5k

Balance Sheet

Assets less current liabilities£290k
Signed by Mr M J Meadows 12 December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20252.05+£75k£1.3M
20242.56+£139k£172k
20231.68+£2k£615k
20224.19-£27k£340k
20214.13+£43k£293k
20201.94-£43k£266k
20192.61£617k

Derived from filed accounts. Not audited figures.