Praze Storage Solutions Limited
09513146
Some Concerns
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
micro entity
Next accounts due
30/09/2026
Confirmation statement
Last: 26/03/2026
Due 09/04/2027
Industry
Officers
director · Since 26/03/2015
DIRECTOR
BRITISH · ENGLAND · Age 87
Also on 4 other boards
director · Since 12/10/2024
DIRECTOR
BRITISH · UNITED KINGDOM · Age 51
Also on 1 other board
Former
director · Resigned 22/06/2021
Persons with Significant Control
Mr Michael Lloyd Mudge
British · England · Age 87
Crenver Depot, Praze, Camborne, TR14 0PA
Notified 06/04/2016
Former PSCs
Mrs Angela Marie Mudge
Ceased 22/06/2021
Change History
Active
Private Limited Company
CRENVER DEPOT
CAMBORNE
CompanyRankvs 248731+ SIC 68209 peers22
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going conc
Key FinancialsYear ending 31/12/2025
Net Worth
-£19k
Balance sheet strength
Cash
£5k
Cash in the bank
Net Current Assets
-£20k
Working capital
Current Assets
£6k
Current Liabilities
£26k
Fixed Assets
£778
Debtors
£1k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 0.25 | -£11k | £7k |
| 2024 | 0.60 | -£13k | — |
| 2023 | 1.06 | — | — |
Derived from filed accounts. Not audited figures.