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Preston Classic Ltd

10562228

activeactive proposal to strike off
ltd
england wales
Companies House
Accounts overdue
Confirmation statement overdue
Health Score
48 / 100

Notable Risks

0/30
Filing
10/30
Financial
38/40
Risk
  • Accounts filing overdue (-15)
  • Confirmation statement overdue (-10)
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

C/O Aticus Law Solicitors 1st Floor, Queens Chambers, 5 John Dalton Street, Manchester, M2 6ET
Incorporated 13/01/2017

Compliance

Last accounts

30/01/2021

micro entity

Next accounts due

30/01/2023

Overdue

Confirmation statement

Last: 07/01/2024

Due 21/01/2025

Overdue

Industry

82990
Other business support service activities

Officers

Mr Simon Paul Fagan

director · Since 13/01/2017

SOLICITOR

BRITISH · ENGLAND · Age 54

Also on 5 other boards

Simon Paul Fagan

director · Since 13/01/2017

British · England · Age 54

Persons with Significant Control

Mr John Simon Preston Greenwood

75–100% shares

English · England · Age 70

10b, Barmouth Road, London, SW18 6DN

Notified 13/01/2017

Charges1 outstanding

Charge
outstanding

CASTLE BUSINESS FINANCE LIMITED

Created 22/08/2018Registered 24/08/2018

Change History

status → active
2026-06-16

Active - Proposal to Strike off

type → ltd
2026-06-16

Private Limited Company

address line1 → C/O Aticus Law Solicitors 1st Floor, Queens Chambers
2026-06-16

C/O ATICUS LAW SOLICITORS 1ST FLOOR, QUEENS CHAMBERS

post town → Manchester
2026-06-16

MANCHESTER

CompanyRankvs 95124+ SIC 82990 peers
40

Financial strength72th percentile among SIC peers · 18/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.79× · 16/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAccounts and CS overdue · 0/15
Outstanding charges -10
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95124Preston Classic Ltd
45
How is this score calculated?
Financial strength18/25 pts

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

Employees6/15 pts

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

Liquidity16/20 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 30/01/2021

Net Worth

£26k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£70k

Working capital

Current Assets

£158k

Current Liabilities

£88k

1avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20211.79

Derived from filed accounts. Not audited figures.