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Preston One Promotions Ltd

08193684

active
Private Limited Company
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)
  • Current liabilities exceed current assets (-10)

Details

45 CHURCH STREET, PRESTON, PR1 3DH
Incorporated 29/08/2012

Compliance

Last accounts

31/08/2024

total exemption full

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 24/08/2025

Due 07/09/2026

On track

Industry

56101
Licensed restaurants

Officers

Mr Dwarampudi Venkata Challa Reddy

director · Since 29/08/2012

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 3 other boards

Persons with Significant Control

Mr Dwarampudi Venkata Challa Reddy

75–100% shares
75–100% votes
voting-rights-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-firm
Appoint directors
Significant control
significant-influence-or-control-as-firm

British · England · Age 61

45, Church Street, Preston, PR1 3DH

Notified 06/04/2016

CompanyRankvs 7059+ SIC 56101 peers
62

Financial strength31th percentile among SIC peers · 8/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 2.14× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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7059Preston One Promotions Ltd
61
How is this score calculated?
Financial strength8/25 pts

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

Employees5/15 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.

Longevity14/15 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 31/08/2024

Net Worth

-£275

Balance sheet strength

Cash

£253

Cash in the bank

Net Current Assets

£6k

Working capital

Current Assets

£10k

Current Liabilities

£5k

Fixed Assets

£4k

Debtors

£9k

2avg. employees

Tax at Year End

Corp tax£82

Director Loans

Company owes directors£497

Balance Sheet

Assets less current liabilities£10k
Signed by Mr Dwarampudi Reddy 30/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20242.14
20232.10
20223.24
20215.27
20208.03
20190.30
20180.18

Derived from filed accounts. Not audited figures.