Project Heating Solutions Limited
11552137
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
30/09/2024
total exemption full
Next accounts due
30/06/2026
Confirmation statement
Last: 01/09/2025
Due 15/09/2026
Industry
Officers
director · Since 04/09/2018
MANAGING DIRECTOR
BRITISH · UNITED KINGDOM · Age 55
Also on 1 other board
Persons with Significant Control
Mr Russell John Steelyard
British · United Kingdom · Age 55
Office 35a, Balby Court Business Campus, Doncaster, DN4 8DE
Notified 04/09/2018
Charges2 outstanding
SME LENDING LIMITED
STEVEN BENTLEY
NPIF TVC DEBT LP ACTING BY TVC LOANS NPIF GP LIMITED AS THE GENERAL PARTNER OF NPIF TVC DEBT L
CompanyRankvs 11718+ SIC 43210 peers59
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/09/2024
Net Worth
£2.7M
Balance sheet strength
Cash
£151k
Cash in the bank
Net Current Assets
-£150k
Working capital
Current Assets
£1.0M
Current Liabilities
£1.2M
Fixed Assets
£5.1M
Debtors
£508k
Tax at Year End(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.87 | +£2.6M |
| 2023 | 1.12 | -£129k |
| 2022 | 1.37 | +£183k |
| 2021 | 1.45 | -£6k |
| 2020 | 2.24 | +£4 |
| 2019 | 1.04 | — |
Derived from filed accounts. Not audited figures.