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Principal Global Solutions Limited

07438360

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)
  • Negative net worth (-10)

Details

SUITE 1.10, LONDON, W1J 8DZ
Incorporated 12/11/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Mr David James Price

director · Since 12/11/2010

DIRECTOR

BRITISH · TURKEY · Age 46

Persons with Significant Control

Mr David James Price

Significant control

British · Turkey · Age 46

Suite 1.10, 16 Berkeley Street, London, W1J 8DZ

Notified 06/04/2016

Nsa (1) Llp

75–100% shares

Kingfisher House, Hurstwood Lane, Haywards Heath, RH17 7QX

Reg: Oc340274 · England And Wales · Limited Liability Partnership

Notified 06/04/2016

Former PSCs

Ms Hannah Wilson

Ceased 31/08/2019

Mr Philip Nichols

Ceased 01/01/2025

Charges0 outstanding

Charge
satisfied

BARCLAYS BANK PLC

Created 09/06/2014Registered 13/06/2014Satisfied 01/11/2014
charge
satisfied

ROCCO FORTE & FAMILY (LONDON) LIMITED

Created 09/02/2011Registered 15/02/2011Satisfied 12/11/2014

CompanyRankvs 60701+ SIC 96090 peers
45

Financial strength0th percentile among SIC peers · 0/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.33× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 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.

Liquidity2/20 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.

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

Key FinancialsYear ending 30/09/2024

Net Worth

-£1.5M

Balance sheet strength

Cash

£27k

Cash in the bank

Net Current Assets

-£1.5M

Working capital

Current Assets

£731k

Current Liabilities

£2.2M

Debtors

£704k

3avg. employees

Balance Sheet

Assets less current liabilities-£1.5M
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.33-£93k
20230.38-£68k
20220.39-£73k
20210.37+£53k
20200.32+£302k
20190.14-£339k
20180.21

Derived from filed accounts. Not audited figures.