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Principal Doorsets Ltd

09196220

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

RIVERSIDE ROAD, BARNSTAPLE, EX31 1NB
Incorporated 30/08/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

16230
Manufacture of other builders' carpentry and joinery

Officers

Mr Olof Mattais Aurell

director · Since 12/07/2024

DIRECTOR

SWEDISH · SWEDEN · Age 62

Mr Martin Sirvell

director · Since 12/07/2024

HEAD OF DIVISION

SWEDISH · SWEDEN · Age 51

Mr. Andrew Thomas Lister

director · Since 03/03/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 21 other boards

Mr John Charles Bates

director · Since 01/04/2026

BRITISH,AUSTRALIAN · ENGLAND · Age 42

Persons with Significant Control

Lagercrantz Uk Limited

75–100% shares
75–100% votes

Richmond Bridge House, 419 Richmond Road, London, TW1 2EX

Reg: 04209447 · England And Wales · Private Limited Company

Notified 12/07/2024

Former PSCs

Mr Robert Vincent Llewellyn

Ceased 12/07/2024

Mr Stanley David Bond

Ceased 12/07/2024

Charges0 outstanding

Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 22/08/2017Registered 31/08/2017Satisfied 09/01/2026
Charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 16/03/2015Registered 24/03/2015Satisfied 24/09/2025
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 17/10/2014Registered 22/10/2014Satisfied 09/01/2026

CompanyRankvs 151+ SIC 16230 peers
77

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.97× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect t

Key FinancialsYear ending 31/03/2025

Turnover

£12.2M

Annual revenue

Net Worth

£4.1M

Balance sheet strength

Cash

£2.7M

Cash in the bank

Profit Before Tax

£944k

Bottom line earnings

Net Current Assets

£3.5M

Working capital

Current Assets

£5.2M

Current Liabilities

£1.8M

Fixed Assets

£2.6M

Debtors

£2.1M

Cost of Sales

£7.4M

Gross Profit

£4.8M

Admin Expenses

£3.7M

Profit After Tax

£547k

71avg. employees+9

Tax at Year End

Dividends paid-£30k

People Costs

Wages & salaries£2.9M
NI contributions£286k

Balance Sheet

Bank loans & overdrafts£1.2M
Assets less current liabilities£6.1M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20252.97+£517k
20233.03+£302k
20222.79+£890k
20211.97+£205k
20202.19+£457k
20192.24+£475k
20182.35

Derived from filed accounts. Not audited figures.