Pace Systems Ltd
09611557
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 28/05/2015
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 80
Also on 17 other boards
director · Since 28/05/2015
ENGINEER
BRITISH · UNITED KINGDOM · Age 47
Also on 1 other board
Persons with Significant Control
Mr Robert Joseph Dyer
British · United Kingdom · Age 62
Head Office: PO BOX 7088, Aldridge, Walsall, WS9 1ED
Notified 06/04/2016
Mr Leslie Graham Leek
British · United Kingdom · Age 80
PO BOX 7088, Aldridge, Walsall, WS9 1ED
Notified 06/04/2016
Mr Stephen Turner
British · United Kingdom · Age 47
Head Office: PO BOX 7088, Aldridge, Walsall, WS9 1ED
Notified 06/04/2016
CompanyRankvs 3776+ SIC 80200 peers50
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2024
Net Worth
-£4k
Balance sheet strength
Cash
£5k
Cash in the bank
Net Current Assets
£1k
Working capital
Current Assets
£17k
Current Liabilities
£16k
Debtors
£12k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.08 | -£5k |
| 2023 | 1.61 | -£7k |
| 2022 | 1.65 | +£24k |
| 2021 | 0.91 | — |
| 2020 | 3.31 | — |
| 2019 | 1.02 | — |
| 2018 | 1.85 | — |
Derived from filed accounts. Not audited figures.