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Printworks Preston Freehold Two Limited

10178911

liquidation
Private Limited Company
england wales
Companies House
1 outstanding charge
Insolvency history
Health Score
N/A

Details

INQUESTA CORPORATE RECOVERY&INSOLVENCY, 11-15 NEW ROAD, M26 1LS
Incorporated 13/05/2016

Compliance

Last accounts

31/05/2022

total exemption full

Next accounts due

29/02/2024

Overdue

Confirmation statement

Last: 12/05/2023

Due 26/05/2024

Overdue

Industry

68100
Buying and selling of own real estate

Officers

Mr Alexandru Enache

director · Since 18/03/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 29

Also on 2 other boards

Mr Thomas Michael Gerard Mcnerney

director · Since 18/03/2024

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 9 other boards

Persons with Significant Control

Printworks Preston Freehold One Limited

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

2-4, Packhorse Road, Gerrards Cross, SL9 7QE

Reg: 15512882 · Companies House · Limited By Shares

Notified 18/03/2024

Former PSCs

Mr Guy Ladson

Ceased 18/03/2024

Charges1 outstanding

A registered charge
outstanding

Together Commercial Finance Limited

Third party charge land and buildings on the south side of ashmoor street and west side of moor lane, preston; land and buildings on the north side of victoria street, preston; and land on the north side of victoria street, preston.

Created 21/12/2018Registered 03/01/2019
A registered charge
fully satisfied

Together Commercial Finance Limited

Third party charge - property known as: 1. land and buildings on the south side of ashmoor street and west side of moor lane, preston 2. land and buildings on the north side of victoria street, preston and 3. land and buildings on the north side of victoria street, preston title numbers LA393200, LA502742 and LA965456.

Created 16/03/2018Registered 26/03/2018Satisfied 24/06/2020
A registered charge
fully satisfied

Together Commercial Finance Limited

By way of legal debenture, the freehold property known as buildings on the south side of ashmoor street and west side of moor lane preston as registered under title number LA393200, land and buildings on the north side of victoria street, preston registered under title number LA502742 and land and buildings on the north sid e of victoria street,preston registred under title number LA965456.

Created 15/09/2017Registered 20/09/2017Satisfied 24/06/2020
A registered charge
fully satisfied

Together Commercial Finance Limited

Legal charge over land and buildings on the south side of ashmoor street and west side of moor lane preston PR1 7AT registered at the land registry under title numbers LA393200, LA502742 and LA965456.

Created 15/09/2017Registered 20/09/2017Satisfied 24/06/2020
A registered charge
fully satisfied

Lsc Finance LTD

By way of legal debenture all legal interest in buildings on the south side of ashmoor street and west side of moor lane, preston as registered at land registry under title number LA393200, land and buildings on the north side of victoria street, preston as registered at land registry under title number LA502742 and land and buildings on the north side of victoria street, preston as registered at land registry under title number LA965456.

Created 15/06/2017Registered 15/06/2017Satisfied 19/09/2017
A registered charge
fully satisfied

Lsc Finance LTD

By way of legal mortgage all legal interest in buildings on the south side of ashmoor street and west side of moor lane, preston registered at land registry under title number LA393299, land and buildings on the north side of victoria street, preston registered at land registry under title number LA502742 and land and buildings on the north side of victoria street, preston registered at land registry under title number LA965456.

Created 15/06/2017Registered 15/06/2017Satisfied 19/09/2017

Insolvency History2 cases

receiver manager

David Currie (receiver manager)

creditors voluntary liquidation11/06/2024

Steven Wiseglass (practitioner)

CompanyRankvs 15+ SIC 68100 peers
11

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.99× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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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.

Employees0/15 pts

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

Liquidity6/20 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 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/05/2022

Net Worth

-£31k

Balance sheet strength

Cash

£3.0M

Cash in the bank

Net Current Assets

Working capital

Current Assets

£3.2M

Current Liabilities

£3.2M

Debtors

£225k

1avg. employees
Signed by 10178911 2021-06-01 2022-05-31 10178911 2022-05-31 10178911 core:RetainedEarningsAccumulatedLosses 2022-05-31 10178911 cPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20220.99+£29k
20210.99+£183k
20200.88+£13k
20190.79-£65k
20180.86

Derived from filed accounts. Not audited figures.