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Presto (Nw) Ltd

10697624

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

THE COTTON TREE, BOLTON, BL1 2NP
Incorporated 29/03/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56302
Public houses and bars

Officers

Mr Francis Cummins

director · Since 29/03/2017

NONE

BRITISH · ENGLAND · Age 71

Also on 9 other boards

Persons with Significant Control

Mr Francis Cummins

75–100% shares
75–100% votes
right-to-appoint-and-remove-directors-as-trust

British · England · Age 71

The Cotton Tree, 15 Prince Street, Bolton, BL1 2NP

Notified 29/03/2017

CompanyRankvs 16903+ SIC 56302 peers
40

Financial strength25th percentile among SIC peers · 6/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.94× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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16903Presto (Nw) Ltd
36
How is this score calculated?
Financial strength6/25 pts

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

Employees4/15 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.

Longevity9/15 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 31/03/2024

Net Worth

-£10k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£810

Working capital

Current Assets

£12k

Current Liabilities

£13k

Debtors

£5k

1avg. employees

Tax at Year End

Corp tax£5k
VAT£8k

Director Loans

Company owes directors£151

Balance Sheet

Assets less current liabilities-£810
Signed by Mr Francis Cummins 23/12/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.94-£5k£161k
20232.05+£185£68k
20223.09+£238£73k
20219.59-£374£40k
20200.60-£178£62k
20190.53—£53k

Derived from filed accounts. Not audited figures.