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Pitman Conveniences Ltd

11620965

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

2 REGENT WAY, BRIDGWATER, TA6 6UB
Incorporated 12/10/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mr Yugaventhan Kulasinthamany

director · Since 12/10/2018

DIRECTOR

SRI LANKAN · ENGLAND · Age 36

Also on 2 other boards

Persons with Significant Control

Mr Yugaventhan Kulasinthamany

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

Sri Lankan · England · Age 36

2, Regent Way, Bridgwater, TA6 6UB

Notified 12/10/2018

CompanyRankvs 6136+ SIC 47110 peers
62

Financial strength48th percentile among SIC peers · 12/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 2.63× · 20/20
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 strength12/25 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.

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.

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

£6k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

£38k

Working capital

Current Assets

£61k

Current Liabilities

£23k

Fixed Assets

£10k

Debtors

£12k

3avg. employees+1

Balance Sheet

Bank loans & overdrafts£42k
Assets less current liabilities£47k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20232.63
20223.25
20213.11

Derived from filed accounts. Not audited figures.