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Paramount Care (Easington) Limited

09888167

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

ELLIOTT HOUSE SEASIDE LANE, PETERLEE, SR8 3PG
Incorporated 25/11/2015

Compliance

Last accounts

28/11/2024

total exemption full

Next accounts due

28/08/2026

On track

Confirmation statement

Last: 07/11/2025

Due 21/11/2026

On track

Industry

87200
Residential care activities for mental health, substance abuse and intellectual disabilities

Officers

Mr Michael Evan Fuerst

secretary · Since 01/11/2023

Also on 15 other boards

Mr Michael Evan Fuerst

director · Since 01/11/2023

COMPANY DIRECTOR

AMERICAN · ENGLAND · Age 60

Also on 15 other boards

Persons with Significant Control

Mr Michael Evan Fuerst

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

American · England · Age 60

6, Dellcot Close, Manchester, M25 0GX

Notified 01/11/2023

Former PSCs

Viewplus Limited

Ceased 24/04/2018

Mr Ronnie Masar

Ceased 06/04/2022

Mr Kevin Dominitz

Ceased 01/11/2023

CompanyRankvs 5383+ SIC 87200 peers
42

Financial strength1th percentile among SIC peers · 0/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.36× · 2/20
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 strength0/25 pts

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

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 28/11/2024

Net Worth

-£315k

Balance sheet strength

Cash

£99k

Cash in the bank

Net Current Assets

-£436k

Working capital

Current Assets

£241k

Current Liabilities

£678k

Fixed Assets

£122k

Debtors

£142k

47avg. employees

Balance Sheet

Bank loans & overdrafts£15k
Assets less current liabilities-£315k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.36+£88k
20230.33-£67k
20220.26+£77k
20210.23+£222k
20200.14+£250k
20190.01-£457k
20180.00

Derived from filed accounts. Not audited figures.