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Partisan Products Limited

08625130

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 12 LODGE BANK INDUSTRIAL ESTATE, HORWICH, BL6 5HY
Incorporated 25/07/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade

Officers

Mr Neil Andrew Cordwell

director · Since 25/07/2013

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 1 other board

Mr Michael Ian Gregory

director · Since 01/11/2014

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 61

Persons with Significant Control

Mr Michael Gregory

Significant control

British · England · Age 61

Unit 12, Lodge Bank Industrial Estate, Horwich, BL6 5HY

Notified 06/04/2016

Mr Neil Andrew Cordwell

25–50% shares

British · England · Age 45

Unit 12, Lodge Bank Industrial Estate, Horwich, BL6 5HY

Notified 06/04/2016

Former PSCs

Mr Michael Ian Gregory

Ceased 06/04/2016

Charges2 outstanding

Charge
outstanding

RBS INVOICE FINANCE LTD

Created 03/08/2023Registered 11/08/2023
Charge
satisfied

CLOSE BROTHERS LIMITED (THE "SECURITY TRUSTEE")

Created 19/09/2016Registered 26/09/2016Satisfied 11/12/2023
Charge
satisfied

HITACHI CAPITAL (UK) PLC

Created 17/12/2014Registered 31/12/2014Satisfied 12/10/2016
Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 16/01/2014Registered 18/01/2014

CompanyRankvs 1249+ SIC 46900 peers
75

Financial strength92th percentile among SIC peers · 23/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.02× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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84
How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 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.

Longevity13/15 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

£952k

Balance sheet strength

Cash

£26k

Cash in the bank

Net Current Assets

£880k

Working capital

Current Assets

£1.3M

Current Liabilities

£435k

Fixed Assets

£88k

Debtors

£615k

15avg. employees

Tax at Year End

Corp tax£47k

Balance Sheet

Assets less current liabilities£969k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.02-£46k
20232.54+£163k
20222.62+£127k
20211.87+£175k
20202.97+£129k
20191.91+£6k
20183.00—

Derived from filed accounts. Not audited figures.