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Purestream Process Solutions Limited

07715931

active
ltd
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

Artemis House, 6-8 Greek Street, Stockport, SK3 8AB
Incorporated 25/07/2011

Previously known as

Setfords Technology Ltd · until 14/07/2025
Setfords Consultants Ltd · until 07/05/2021

Compliance

Last accounts

30/04/2025

audit exemption subsidiary

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 11/07/2025

Due 25/07/2026

On track

Industry

74100
Specialised design activities

Officers

Michael Cornwell

secretary · Since 19/05/2023

Michael Blake Hughes

director · Since 19/05/2023

British · United Kingdom · Age 57

Denis Adrian O'Sullivan

director · Since 19/05/2023

Irish · United Kingdom · Age 54

David Matthew Snowball

director · Since 19/05/2023

British · United Kingdom · Age 46

Former

David Christopher Setford

director · Resigned 19/05/2023

Matthew Crowhurst

director · Resigned 19/05/2023

David Mark Matthews

director · Resigned 19/05/2023

Mark Peter Matthews

director · Resigned 19/05/2023

Michael John Clancy

director · Resigned 15/12/2023

Gareth Huw Davies

director · Resigned 15/01/2024

Persons with Significant Control

Ocu Northavon Water Solutions Limited

75–100% shares
75–100% votes
Appoint directors

Artemis House, 6-8 Greek Street, Stockport, SK3 8AB

Reg: 13676911 · Companies House · Private Limited Company

Notified 16/02/2022

Former PSCs

Mr David Christopher Setford

Ceased 16/02/2022

Change History

officer appointedSNOWBALL, David Matthew
2026-06-09
officer appointedCORNWELL, Michael
2026-06-09
officer appointedHUGHES, Michael Blake
2026-06-09
officer appointedO'SULLIVAN, Denis Adrian
2026-06-09
statusactive
2026-06-09

Active

typeltd
2026-06-09

Private Limited Company

address line1Artemis House
2026-06-09

ARTEMIS HOUSE

post townStockport
2026-06-09

STOCKPORT

CompanyRankvs 21292+ SIC 74100 peers
38

Financial strength4th percentile among SIC peers · 1/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.94× · 6/20
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 strength1/25 pts

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

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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

or other future taxable profits. Hire purchase and leasing commitments Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. Going concern The directors have considered the company's ability to continue as a going concern for at least 12 months from the date of signing the financial statements and have concluded that they consider

Key FinancialsYear ending 31/10/2022

Turnover

£3.3M

Annual revenue

Net Worth

-£38k

Balance sheet strength

Cash

£193k

Cash in the bank

Profit Before Tax

-£58k

Bottom line earnings

Net Current Assets

-£49k

Working capital

Current Assets

£787k

Current Liabilities

£836k

Fixed Assets

£12k

Debtors

£594k

Cost of Sales

£3.1M

Gross Profit

£191k

Admin Expenses

£248k

Operating Profit

-£58k

Profit After Tax

-£49k

2avg. employees

Tax at Year End

Dividends paid£80k

Balance Sheet

Assets less current liabilities-£38k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20220.94
20210.99
20201.09+£6k
20191.00-£371
20181.04

Derived from filed accounts. Not audited figures.