Performance Timber Products Group Limited
06807457
Some Concerns
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 20/06/2014
MANAGING DIRECTOR
BRITISH · UNITED KINGDOM · Age 51
Also on 5 other boards
director · Since 21/12/2023
CHARTERED ACCOUNTANT
BRITISH · UNITED KINGDOM · Age 52
Also on 10 other boards
Persons with Significant Control
Jon Helgi Gludmundsson
Icelandic · Latvia · Age 79
First Floor, 85-87 Shrivenham Hundred Business Park, Swindon, SN6 8TY
Notified 22/12/2023
Former PSCs
Graphite Capital General Partner Vii Llp
Ceased 23/06/2021
Berg Timber Ab
Ceased 21/06/2021
Charges0 outstanding
BARCLAYS BANK PLC
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 838+ SIC 16230 peers58
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/12/2024
Net Worth
£3.5M
Balance sheet strength
Cash
£64k
Cash in the bank
Net Current Assets
-£7.7M
Working capital
Current Assets
—
Current Liabilities
£12.0M
Fixed Assets
£6.9M
Debtors
£4.2M
Cost of Sales
£31.4M
Admin Expenses
£14.1M
Profit After Tax
£404k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | — | -£1.8M |
| 2021 | 0.39 | — |
Derived from filed accounts. Not audited figures.