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Pace Geotechnics Limited

09770174

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

13 NEWGATE STREET, MORPETH, NE61 1AL
Incorporated 09/09/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

Dr Peter Gerard Allan

director · Since 09/09/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 1 other board

Persons with Significant Control

Dr Peter Gerard Allan

75–100% shares

British · United Kingdom · Age 65

13, Newgate Street, Morpeth, NE61 1AL

Notified 01/09/2016

CompanyRankvs 4836+ SIC 74909 peers
79

Financial strength92th percentile among SIC peers · 23/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 4.23× · 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.

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.

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

Key FinancialsYear ending 30/09/2024

Net Worth

£265k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£244k

Working capital

Current Assets

£320k

Current Liabilities

£76k

Fixed Assets

£26k

2avg. employees

Balance Sheet

Assets less current liabilities£270k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20244.23+£71k
20233.69+£74k
20222.21-£9k
20212.84+£38k
20203.24+£12k
20193.45+£8k
20183.95

Derived from filed accounts. Not audited figures.