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Project Management Penelewey Limited

10084014

activeactive proposal to strike off
ltd
england wales
Companies House
Accounts overdue
Confirmation statement overdue
Health Score
30 / 100

High Risk

0/30
Filing
0/30
Financial
30/40
Risk
  • Accounts filing overdue (-15)
  • Confirmation statement overdue (-10)
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 5 outstanding charges (-10)

Details

Unit 3 Burley Court Pillmere Drive, Pillmere, Saltash, PL12 6FH
Incorporated 24/03/2016

Compliance

Last accounts

30/03/2023

micro entity

Next accounts due

30/12/2024

Overdue

Confirmation statement

Last: 01/04/2023

Due 15/04/2024

Overdue

Industry

41100
Development of building projects

Officers

Mr Christopher Speed

director · Since 24/03/2016

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 74

Also on 1 other board

Mr Graham Eric Wood

director · Since 13/06/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 69

Also on 10 other boards

Christopher Speed

director · Since 24/03/2016

British · United Kingdom · Age 74

Graham Eric Wood

director · Since 13/06/2022

British · United Kingdom · Age 69

Persons with Significant Control

Mr Christopher Andrew Speed

25–50% shares

British · England · Age 74

Unit 3 Burley Court, Pillmere Drive, Saltash, PL12 6FH

Notified 01/04/2017

Charges5 outstanding

Charge
outstanding

PIVOT LENDING NO.2 LIMITED

Created 10/07/2018Registered 11/07/2018
Charge
outstanding

PIVOT LENDING NO.2 LIMITED

Created 10/07/2018Registered 11/07/2018
Charge
outstanding

QUARRY STREET CAPITAL LIMITED

Created 22/12/2017Registered 12/01/2018
Charge
outstanding

HEATHER ANNE WITHERS

Created 30/09/2016Registered 07/10/2016
Charge
outstanding

BATH AND WEST FINANCE LIMITED

Created 30/09/2016Registered 03/10/2016

Change History

statusactive
2026-08-01

Active - Proposal to Strike off

typeltd
2026-08-01

Private Limited Company

address line1Unit 3 Burley Court Pillmere Drive
2026-08-01

UNIT 3 BURLEY COURT PILLMERE DRIVE

post townSaltash
2026-08-01

SALTASH

officer appointedSPEED, Christopher
2026-08-01
officer appointedWOOD, Graham Eric
2026-08-01

CompanyRankvs 85713+ SIC 41100 peers
5

Financial strength2th percentile among SIC peers · 1/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAccounts and CS overdue · 0/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees2/15 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.

Longevity10/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance0/15 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 30/03/2023

Net Worth

-£663k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£662k

Working capital

Current Assets

£26

Current Liabilities

£662k

0avg. employees

Balance Sheet

Assets less current liabilities-£662k
Prepared with BTCSoftware AP Solution 2023 10.4.03

EstimatesDerived

YearCurrent Ratio
20230.00

Derived from filed accounts. Not audited figures.