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Pellet Co Limited

09752368

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

TYNEGRAIN SILOS, SOUTH SHIELDS, NE34 9PL
Incorporated 27/08/2015

Compliance

Last accounts

30/06/2025

audit exemption subsidiary

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 26/08/2025

Due 09/09/2026

On track

Industry

35110
Production of electricity

Officers

Mr Gary John Bright

director · Since 27/08/2015

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 6 other boards

Miss Susan Yvonne Duck

director · Since 20/11/2015

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 60

Also on 4 other boards

Persons with Significant Control

Grainco Limited

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

Tyne Dock, South Shields, NE34 9PL

Reg: 03066352 · Companies House · Limited By Shares

Notified 30/06/2021

Former PSCs

Grainco Limited

Ceased 26/08/2017

Mr Gary John Bright

Ceased 30/06/2021

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 02/12/2019Registered 04/12/2019

CompanyRankvs 315+ SIC 35110 peers
68

Financial strength89th percentile among SIC peers · 22/25
Employees66th percentile among SIC peers · 10/15
LiquidityCurrent ratio 2.31× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees10/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/06/2020

Net Worth

£857k

Balance sheet strength

Cash

£1.2M

Cash in the bank

Net Current Assets

£833k

Working capital

Current Assets

£1.5M

Current Liabilities

£636k

Fixed Assets

£30k

Debtors

£193k

1avg. employees

Balance Sheet

Assets less current liabilities£863k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20202.31

Derived from filed accounts. Not audited figures.