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Pr2 Engineering & Design Limited

09362386

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

38 GAINSBOROUGH CLOSE, WHITLEY BAY, NE25 9XB
Incorporated 19/12/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Peter Reed

director · Since 19/12/2014

CONSULTING ENGINEER

BRITISH · ENGLAND · Age 59

Also on 3 other boards

Persons with Significant Control

Mr Peter Reed

75–100% shares

British · England · Age 59

38, Gainsborough Close, Whitley Bay, NE25 9XB

Notified 06/04/2016

Former PSCs

Mrs Susan Carol Reed

Ceased 19/12/2017

CompanyRankvs 29466+ SIC 82990 peers
70

Financial strength72th percentile among SIC peers · 18/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 20.6× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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29466Pr2 Engineering & Design Limited
70
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.

Employees6/15 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.

Longevity11/15 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

£24k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£24k

Working capital

Current Assets

£25k

Current Liabilities

£1k

Fixed Assets

£728

1avg. employees

Balance Sheet

Assets less current liabilities£24k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
202420.60-£8k
20237.86+£4k
20225.17-£10k
20212.57-£16k
20203.03-£11k
20194.65+£8k
20185.58—

Derived from filed accounts. Not audited figures.