Promote Local Limited
08043542
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 13/06/2013
IT DIRECTOR
BRITISH · UNITED KINGDOM · Age 61
Also on 3 other boards
director · Since 13/06/2013
DIRECTOR
BRITISH · UNITED KINGDOM · Age 62
Also on 14 other boards
Persons with Significant Control
Mr Stewart Kemp
British · United Kingdom · Age 61
10 Hamilton Close, Leigh On Sea, SS9 3RN
Notified 06/04/2016
Mr Michael Anthony Weingarten
British · United Kingdom · Age 62
2 Leas Garden, Westcliff On Sea, SS0 8JL
Notified 06/04/2016
CompanyRankvs 58368+ SIC 82990 peers63
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/07/2024
Net Worth
£22k
Balance sheet strength
Cash
£5k
Cash in the bank
Net Current Assets
-£730
Working capital
Current Assets
£6k
Current Liabilities
£7k
Fixed Assets
£26k
Debtors
£671
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.89 | -£29k |
| 2023 | 1.74 | -£25k |
| 2022 | 2.15 | -£21k |
| 2021 | 2.09 | -£22k |
| 2020 | 2.40 | +£115k |
| 2019 | 1.53 | — |
Derived from filed accounts. Not audited figures.