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Primal Equipment Limited

09400013

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

BROAD OAK FARM LEIGH ROAD, UTTOXETER, ST14 5BH
Incorporated 21/01/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46690
Wholesale of other machinery and equipment

Officers

Mr John Douglas Price

director · Since 21/01/2015

DIRECTOR

ENGLISH · UNITED KINGDOM · Age 64

Also on 6 other boards

Mrs Anna Geraldine Price

director · Since 31/01/2017

ASSISTANT PRACTITIONER

IRISH · UNITED KINGDOM · Age 60

Also on 1 other board

Persons with Significant Control

Mr John Douglas Price

75–100% shares
75–100% votes
Appoint directors

English · United Kingdom · Age 64

Broad Oak Farm, Leigh Road, Uttoxeter, ST14 5BH

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

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CompanyRankvs 1803+ SIC 46690 peers
57

Financial strength41th percentile among SIC peers · 10/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.44× · 12/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength10/25 pts

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

Employees9/15 pts

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

Liquidity12/20 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 31/01/2021

Net Worth

£2k

Balance sheet strength

Cash

£589

Cash in the bank

Net Current Assets

£34k

Working capital

Current Assets

£110k

Current Liabilities

£76k

Fixed Assets

£12k

Debtors

£47k

Profit After Tax

-£5k

2avg. employees

Tax at Year End

Dividends paid£37k

Balance Sheet

Assets less current liabilities£46k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20211.44-£42k
20201.61-£11k
20191.68

Derived from filed accounts. Not audited figures.