Back to search

Prime Painting Ac Ltd.

11216163

active
Private Limited Company
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)
  • Going concern doubt noted in accounts (-10)

Details

79 CROWHILL, HUNTINGDON, PE29 2NR
Incorporated 21/02/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43341
Painting

Officers

Mr. Adam Covington

director · Since 21/02/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Persons with Significant Control

Sam Holson

25–50% votes

British · United Kingdom · Age 51

79, Crowhill, Huntingdon, PE29 2NR

Notified 21/02/2018

Mr. Adam Covington

25–50% votes

British · United Kingdom · Age 56

79, Crowhill, Huntingdon, PE29 2NR

Notified 21/02/2018

CompanyRankvs 10096+ SIC 43341 peers
25

Financial strength8th percentile among SIC peers · 2/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.68× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
1Standage & Co. Limited
90
2George Jones & Son (Contractors) Limited
90
3S P Smith Painting Contractors Limited
90
4F H Harvey Uk Limited
90
5Broadland Windows Limited
90
6Cousins Limited
90
7C.L.C. Contractors Limited
90
8Southgrove Painting Contractors Limited
90
9Vellacine Limited
90
10Vale Decorators Uk Limited
90
10096Prime Painting Ac Ltd.
31
How is this score calculated?
Financial strength2/25 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.

Longevity8/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

or collectively, may cast significant doubt on the entity's ability to continue as a going concern for the period of at least 12 months from when the financial statements are authorised for issue. 2. Average Number of Employees Average number of employees, including directors, during the year was:

Key FinancialsYear ending 28/02/2025

Net Worth

-£7k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£6k

Working capital

Current Assets

£13k

Current Liabilities

£19k

1avg. employees

Balance Sheet

Assets less current liabilities-£6k
Signed by Mr Adam Covington 31/10/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.68-£9k
20241.33-£3k
20231.56-£5k
20221.85+£4k
20211.18+£17
20201.01-£3k
20191.36—

Derived from filed accounts. Not audited figures.