The Panacea (Louth) Limited
12079270
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Last accounts
30/07/2024
micro entity
Next accounts due
30/07/2026
Confirmation statement
Last: 01/07/2025
Due 15/07/2026
Industry
Officers
Former
director · Resigned 24/11/2025
Persons with Significant Control
Mr Kieran Andrew Matchett
British · England · Age 33
10 Charles Street, Louth, LN11 0LE
Notified 02/07/2019
Mr Jack Dennis Mccartney
British · United Kingdom · Age 33
139 Eastgate, Waynflete House, Louth, LN11 9QQ
Notified 24/11/2025
Former PSCs
Mr Jonathan Charles Waller
Ceased 24/11/2025
Change History
Active
Private Limited Company
139 EASTGATE
LOUTH
CompanyRankvs 15184+ SIC 56302 peers40
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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 30/07/2024
Net Worth
-£108k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£139k
Working capital
Current Assets
£81k
Current Liabilities
£221k
Fixed Assets
£43k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.36 | -£93k |
| 2023 | 0.63 | +£20k |
| 2022 | 0.58 | -£22k |
| 2021 | 0.63 | — |
| 2020 | 0.65 | — |
Derived from filed accounts. Not audited figures.