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Peak Fireworks Ltd

10385342

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

1 FISHER LANE, NOTTINGHAM, NG13 8BQ
Incorporated 20/09/2016

Compliance

Last accounts

28/02/2026

total exemption full

Next accounts due

30/11/2027

On track

Confirmation statement

Last: 19/09/2025

Due 03/10/2026

On track

Industry

28990
Manufacture of other special-purpose machinery

Officers

Dr Robin Watling

director · Since 20/09/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 70

Persons with Significant Control

Dr Robin Watling

75–100% votes

British · United Kingdom · Age 70

1 Fisher Lane, Bingham, Nottingham, NG13 8BQ

Notified 20/09/2016

CompanyRankvs 2258+ SIC 28990 peers
34

Financial strength13th percentile among SIC peers · 3/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.94× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 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.

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

Key FinancialsYear ending 28/02/2026

Net Worth

-£823

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

-£1k

Working capital

Current Assets

£24k

Current Liabilities

£25k

Fixed Assets

£792

Tax at Year End

VAT£3k

Director Loans

Company owes directors£22k

Balance Sheet

Assets less current liabilities-£673
Signed by Dr Robin Watling 5 March 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20260.94£52k
20260.94£52k
20250.82-£3k£23k
20240.92-£7k£33k
20231.03£3k

Derived from filed accounts. Not audited figures.