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Paaa Ltd

08693200

active
PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

INDUCTION TECHNOLOGY GROUP LTD SISKIN DRIVE, COVENTRY, CV3 4FJ
Incorporated 17/09/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

94990
Activities of other membership organisations

Officers

Mr Jonathan Mccallum Douglas

director · Since 03/03/2016

ENGINEER

BRITISH · ENGLAND · Age 63

Mr Nicholas Edmund Counsell

director · Since 14/02/2025

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 1 other board

Mr. Ben Harvey Lawson

director · Since 14/02/2025

GENERAL MANAGER

BRITISH · ENGLAND · Age 39

Mr. James Pearman

director · Since 14/02/2025

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 47

Mr. Matthew Thomas Walker

director · Since 14/02/2025

TECHNICAL DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 1 other board

CompanyRankvs 20320+ SIC 94990 peers
69

Financial strength73th percentile among SIC peers · 18/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 41.55× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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2032Paaa Ltd
69
How is this score calculated?
Financial strength18/25 pts

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

Employees3/15 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.

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

Key FinancialsYear ending 30/09/2020

Net Worth

£27k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£27k

Working capital

Current Assets

£28k

Current Liabilities

£675

0avg. employees

Balance Sheet

Assets less current liabilities£27k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
202041.55

Derived from filed accounts. Not audited figures.