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The Prod Exchange Ltd

09174444

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

FORTIS INSOLVENCY LIMITED, MANCHESTER, M20 6RE
Incorporated 13/08/2014

Compliance

Last accounts

31/12/2021

unaudited abridged

Accounts

Up to date

Confirmation statement

Last: 08/02/2022

Due

On track

Industry

70229
Management consultancy activities

Officers

Mr Glenn James Bolton

director · Since 13/08/2014

EVENT SERVICES

BRITISH · ENGLAND · Age 44

Also on 4 other boards

Mr Andrew Simon Loveday

director · Since 01/02/2021

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 1 other board

Persons with Significant Control

Mr Glenn James Bolton

50–75% shares

British · England · Age 44

Fortis Insolvency Limited, 683-693 Wilmslow Road, Manchester, M20 6RE

Notified 06/04/2016

Insolvency History1 case

creditors voluntary liquidation06/04/2023

Daniel Taylor (practitioner)

CompanyRankvs 15+ SIC 70229 peers
37

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 3.26× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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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.

Employees0/15 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.

Longevity12/15 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/12/2021

Net Worth

-£12k

Balance sheet strength

Cash

£57k

Cash in the bank

Net Current Assets

£188k

Working capital

Current Assets

£271k

Current Liabilities

£83k

Fixed Assets

£72k

Debtors

£203k

7avg. employees

Balance Sheet

Assets less current liabilities£260k

EstimatesDerived

YearCurrent Ratio
20213.26

Derived from filed accounts. Not audited figures.