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Premo Fabrications Limited

07061696

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

DURHAM WAY SOUTH, NEWTON AYCLIFFE, DL5 6XN
Incorporated 30/10/2009

Compliance

Last accounts

30/11/2024

medium

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 30/10/2025

Due 13/11/2026

On track

Industry

24100
Manufacture of basic iron and steel and of ferro-alloys

Officers

Matt Barker

secretary · Since 09/04/2024

Deborah Ruth Keenan

director · Since 14/06/2019

British

Former

Beau Damean Stevens

secretary · Resigned 09/04/2024

Andrew Simon Davis

director · Resigned 30/10/2009

David Andrew Knowles

director · Resigned 20/12/2023

Beau Damean Stevens

director · Resigned 09/04/2024

CompanyRankvs 105+ SIC 24100 peers
79

Financial strength95th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.16× · 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 strength24/25 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.

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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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 director with respect to going con

Key FinancialsYear ending 30/11/2024

Turnover

£9.2M

Annual revenue

Net Worth

£2.9M

Balance sheet strength

Cash

£33k

Cash in the bank

Profit Before Tax

£82k

Bottom line earnings

Net Current Assets

£2.9M

Working capital

Current Assets

£5.4M

Current Liabilities

£2.5M

Fixed Assets

£586k

Debtors

£5.0M

Cost of Sales

£7.9M

Gross Profit

£1.3M

Admin Expenses

£1.4M

Operating Profit

£94k

Profit After Tax

£36k

43avg. employees

People Costs

Wages & salaries£1.5M
NI contributions£142k

Balance Sheet

Interest payable£2k
Assets less current liabilities£3.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20242.16

Derived from filed accounts. Not audited figures.