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Premiere Solutions Limited

11484498

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

Details

61 PENRITH ROAD, THORNTON HEATH, CR7 8PN
Incorporated 26/07/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

42910
Construction of water projects

Officers

Mr Wesley Benjamin Wallace

director · Since 26/07/2018

METER READER

BRITISH · ENGLAND · Age 43

Also on 5 other boards

Persons with Significant Control

Mr Wesley Benjamin Wallace

75–100% shares
75–100% votes
Appoint directors

British · England · Age 43

61, Penrith Road, Thornton Heath, CR7 8PN

Notified 26/07/2018

CompanyRankvs 492+ SIC 42910 peers
44

Financial strength23th percentile among SIC peers · 6/25
Employees31th percentile among SIC peers · 5/15
LiquidityCurrent ratio 3.66× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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492Premiere Solutions Limited
53
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.

Employees5/15 pts

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

Liquidity20/20 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

cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. 1.2. 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 concern.

Key FinancialsYear ending 31/07/2020

Net Worth

£88

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

£11k

Working capital

Current Assets

£15k

Current Liabilities

£4k

Debtors

£7k

1avg. employees

Tax at Year End

Corp tax£3k

Director Loans

Directors owe company£7k

Balance Sheet

Assets less current liabilities£11k
Signed by Mr Wesley Wallace 26 April 2021Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20203.66
20191.00

Derived from filed accounts. Not audited figures.