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Platinum Pet Food & Care Ltd

08821057

active
Private Limited Company
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

C/O BUSINESS CONTROL LIMITED RED LION YARD, BATH, BA2 2PP
Incorporated 19/12/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47760
Retail sale of flowers, plants, seeds, fertilisers, pet animals and pet food in specialised stores

Officers

Mr Rainer Voortman

director · Since 19/12/2013

CEO

GERMAN · GERMANY · Age 65

Mr Sascha Galinski

director · Since 02/07/2021

MANAGING DIRECTOR

GERMAN · GERMANY · Age 42

Persons with Significant Control

Mr Rainer Voortman

Significant control

German · Germany · Age 65

C/O Business Control Limited, Red Lion Yard, Bath, BA2 2PP

Notified 06/04/2016

CompanyRankvs 3013+ SIC 47760 peers
45

Financial strength1th percentile among SIC peers · 0/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.72× · 6/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 pts

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

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 31/12/2024

Net Worth

-£243k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£261k

Working capital

Current Assets

£675k

Current Liabilities

£936k

Fixed Assets

£18k

4avg. employees

Balance Sheet

Assets less current liabilities-£243k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.72+£87k
20230.59

Derived from filed accounts. Not audited figures.