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Prime Labs Ltd

11746355

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

3 BERMER PLACE, WATFORD, WD24 4XX
Incorporated 02/01/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

Mr Pieter Johannes Klaassen

director · Since 01/08/2020

DIRECTOR

BRITISH · ENGLAND · Age 53

Ms Nikita Patel

director · Since 17/03/2023

DIRECTOR

BRITISH · ENGLAND · Age 44

Persons with Significant Control

Mrs Sapana Yogeshwar Patel

Significant control

British · England · Age 41

3, Bermer Place, Watford, WD24 4XX

Notified 01/08/2020

Ms Nikita Patel

25–50% shares

British · England · Age 44

3, Bermer Place, Watford, WD24 4XX

Notified 16/03/2024

Mr Pieter Johannes Klaassen

25–50% shares

British · England · Age 53

3, Bermer Place, Watford, WD24 4XX

Notified 16/03/2024

CompanyRankvs 21765+ SIC 74909 peers
60

Financial strength87th percentile among SIC peers · 22/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.5× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 pts

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

Employees14/15 pts

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

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 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 31/12/2024

Net Worth

£127k

Balance sheet strength

Cash

£49k

Cash in the bank

Net Current Assets

-£158k

Working capital

Current Assets

£158k

Current Liabilities

£315k

Fixed Assets

£319k

Debtors

£109k

8avg. employees+5

Balance Sheet

Assets less current liabilities£161k
Signed by Mr P Klaassen 31/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.50+£240k
20230.38+£103k
20210.19-£78k
20200.07-£59k

Derived from filed accounts. Not audited figures.