Premium Fabrications Limited
11263675
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/03/2025
audit exemption subsidiary
Next accounts due
31/12/2026
Confirmation statement
Last: 11/07/2025
Due 25/07/2026
Industry
Officers
director · Since 20/03/2018
DIRECTOR
BRITISH · UNITED KINGDOM · Age 55
Also on 2 other boards
director · Since 01/05/2022
DIRECTOR
BRITISH · UNITED KINGDOM · Age 58
Also on 2 other boards
director · Since 06/11/2024
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 44
Also on 76 other boards
director · Since 06/11/2024
FINANCIAL CONTROLLER
BRITISH · SCOTLAND · Age 44
Also on 35 other boards
director · Since 06/11/2024
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 59
Also on 6 other boards
Persons with Significant Control
Mr Justin Smyth
British · United Kingdom · Age 55
Unit 4a & 4b, Transpennine Trading Estate, Gorrells Way, OL11 2PX
Notified 20/03/2018
Langfields Group Limited
First Floor Aurora House, 8 Inverness Campus, Inverness, IV2 5NA
Reg: Sc646388 · Uk Companies Register · Private Company Limited By Shares
Notified 06/11/2024
Charges1 outstanding
HSBC UK BANK PLC
CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)
BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)
CompanyRankvs 2476+ SIC 25990 peers47
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going conc
Key FinancialsYear ending 30/04/2024
Net Worth
£225k
Balance sheet strength
Cash
£30k
Cash in the bank
Net Current Assets
£125k
Working capital
Current Assets
£1.0M
Current Liabilities
£918k
Fixed Assets
£180k
Debtors
£813k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.14 | +£66k |
| 2023 | 1.16 | -£6k |
| 2022 | 1.31 | +£58k |
| 2021 | 1.48 | +£77k |
| 2020 | 1.07 | +£26k |
| 2019 | 0.91 | — |
Derived from filed accounts. Not audited figures.