Premium Cutting Services Limited
08744620
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 23/10/2013
DIRECTOR
BRITISH · UNITED KINGDOM · Age 64
Also on 1 other board
director · Since 23/10/2013
DIRECTOR
BRITISH · ENGLAND · Age 66
Also on 1 other board
director · Since 01/01/2016
DIRECTOR
BRITISH · ENGLAND · Age 39
Also on 1 other board
Persons with Significant Control
Ajjp Holdings Limited
Units 1 & 2, Scotia Industrial Estate, Tunstall, ST6 4HG
Reg: 10866711 · Uk Register Of Companies · Limited Company
Notified 12/09/2017
Former PSCs
Mr Andrew Peter Paul Price
Ceased 12/09/2017
CompanyRankvs 48+ SIC 23320 peers67
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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 28/10/2024
Net Worth
£137k
Balance sheet strength
Cash
£256k
Cash in the bank
Net Current Assets
-£166k
Working capital
Current Assets
£675k
Current Liabilities
£841k
Fixed Assets
£584k
Debtors
£380k
Tax at Year End(2019)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.80 | -£93k |
| 2023 | 1.04 | -£82k |
| 2022 | 1.32 | +£150k |
| 2021 | 1.31 | +£38k |
| 2020 | 0.94 | -£61k |
| 2019 | 1.03 | +£482 |
| 2018 | 1.18 | — |
Derived from filed accounts. Not audited figures.