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Partners In Packaging Machine Systems Limited

07529045

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

7 SOUTHGATE INDUSTRIAL PARK, HEYWOOD, OL10 1ND
Incorporated 14/02/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28990
Manufacture of other special-purpose machinery

Officers

Mr John Duncan Ward Macintyre

director · Since 14/02/2011

DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 2 other boards

Mr Wayne Stevens

director · Since 14/02/2011

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 2 other boards

Persons with Significant Control

Mr Wayne Stevens

25–50% shares
25–50% votes

British · England · Age 60

7, Southgate Industrial Park, Heywood, OL10 1ND

Notified 06/04/2016

Mr John Duncan Ward Macintyre

25–50% shares
25–50% votes

British · England · Age 66

7, Southgate Industrial Park, Heywood, OL10 1ND

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 27/07/2018Registered 01/08/2018

CompanyRankvs 305+ SIC 28990 peers
71

Financial strength74th percentile among SIC peers · 19/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.29× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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305Partners In Packaging Machine Systems Limited
81
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.

Employees12/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£454k

Balance sheet strength

Cash

£51k

Cash in the bank

Net Current Assets

£460k

Working capital

Current Assets

£818k

Current Liabilities

£358k

Fixed Assets

£700

Debtors

£649k

10avg. employees+1

Balance Sheet

Bank loans & overdrafts£7k
Assets less current liabilities£461k
Signed by 07529045 2024-01-01 2024-12-31 07529045 2024-12-31 07529045 bus: 1 1 2024-12-31 07529045 bus: 2 1 2024-12-31 07529045 coPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20242.29+£148k
20231.66—

Derived from filed accounts. Not audited figures.