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Pace Financial Management Limited

11749007

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

79 CAROLINE STREET, BIRMINGHAM, B3 1UP
Incorporated 04/01/2019

Compliance

Last accounts

31/03/2022

total exemption full

Next accounts due

31/12/2023

Overdue

Confirmation statement

Last: 25/04/2023

Due 09/05/2024

Overdue

Industry

64922
64922
64999
Other financial service activities
65110
Life insurance
65300
65300

Officers

Mr Paul Andrew Armitage

director · Since 04/01/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 73

Also on 6 other boards

Mr Ian Gary Hawkins

director · Since 04/01/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 1 other board

Mr David Andrew Walker

director · Since 04/01/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 1 other board

Persons with Significant Control

Former PSCs

Mr Paul Andrew Armitage

Ceased 18/08/2020

Mr Brian Smith

Ceased 18/08/2020

Insolvency History1 case

creditors voluntary liquidation06/10/2023

Roderick Graham Butcher (practitioner)

CompanyRankvs 15+ SIC 64922 peers
33

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 3.23× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/03/2022

Net Worth

£381k

Balance sheet strength

Cash

£413k

Cash in the bank

Net Current Assets

£342k

Working capital

Current Assets

£496k

Current Liabilities

£153k

Fixed Assets

£320k

Debtors

£83k

9avg. employees

Tax at Year End

Corp tax£90k

Director Loans

Company owes directors£282k

Balance Sheet

Intangible assets£320k
Assets less current liabilities£662k
Signed by Mr Paul Armitage Mr Ian Hawkins Mr Jason Slater Mr Richard Smith Mr David Walker 27/04/2022Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20223.23+£332k
20211.53

Derived from filed accounts. Not audited figures.