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Prime Time Accounting (Cessation) Limited

09424441

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

50 PRINCES STREET, IPSWICH, IP1 1RJ
Incorporated 05/02/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

99999
Dormant company

Officers

Mr Spencer Hicks

director · Since 05/02/2015

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 14 other boards

Persons with Significant Control

Mr Spencer Hicks

75–100% shares

British · England · Age 46

50, Princes Street, Ipswich, IP1 1RJ

Notified 06/04/2016

CompanyRankvs 902+ SIC 99999 peers
82

Financial strength93th percentile among SIC peers · 23/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 4.95× · 20/20
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 strength23/25 pts

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

Employees13/15 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 31/03/2020

Net Worth

£19k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£88k

Working capital

Current Assets

£111k

Current Liabilities

£22k

1avg. employees

Balance Sheet

Assets less current liabilities£88k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20204.95+£739
20194.60

Derived from filed accounts. Not audited figures.