Praiseworthy Apparel Ltd
11840356
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
28/03/2024
total exemption full
Next accounts due
20/06/2026
Confirmation statement
Last: 07/06/2025
Due 21/06/2026
Industry
Officers
Former
director · Resigned 14/03/2024
Persons with Significant Control
Eps Construction Ltd
Eps Construction Ltd, Prydwen Road, Swansea
Reg: 05375808 · Companies House · Limited
Notified 21/02/2019
Former PSCs
Mr Jordan Rhys Elliott
Ceased 14/03/2024
Change History
Active
Private Limited Company
PRAISEWORTHY APPAREL LTD PRYDWEN ROAD
SWANSEA
CompanyRankvs 10364+ SIC 47710 peers43
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 28/03/2024
Net Worth
£100
Balance sheet strength
Cash
£3k
Cash in the bank
Net Current Assets
-£11k
Working capital
Current Assets
£11k
Current Liabilities
£22k
Debtors
£6k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.51 |
| 2023 | 0.69 |
| 2022 | 1.00 |
| 2021 | 0.91 |
| 2020 | 0.80 |
Derived from filed accounts. Not audited figures.