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Petl Ii Ltd

11609488

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

152 PEPERHAROW ROAD, GODALMING, GU7 2PW
Incorporated 08/10/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Michael David Harmsworth

director · Since 08/10/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 2 other boards

Persons with Significant Control

Mr Michael David Harmsworth

75–100% shares

British · United Kingdom · Age 58

152, Peperharow Road, Godalming, GU7 2PW

Notified 08/10/2018

CompanyRankvs 18830+ SIC 41100 peers
69

Financial strength90th percentile among SIC peers · 23/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 1.58× · 16/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

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

Employees7/15 pts

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

Liquidity16/20 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.

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

Key FinancialsYear ending 31/10/2023

Net Worth

£510k

Balance sheet strength

Cash

£1.3M

Cash in the bank

Net Current Assets

£510k

Working capital

Current Assets

£1.4M

Current Liabilities

£881k

Fixed Assets

£481

Debtors

£132k

1avg. employees

Tax at Year End

Corp tax£64k

Director Loans

Company owes directors£764k

Balance Sheet

Assets less current liabilities£510k
Signed by Mr Michael Harmsworth 18/07/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20231.58+£223k
20221.20+£243k
20211.03+£70k
20200.98
20191.00

Derived from filed accounts. Not audited figures.