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Praeclarus Group Limited

12100961

in administration
Private Limited Company
Companies House
Health Score
N/A

Details

27 BYROM STREET, MANCHESTER, M3 4PF
Incorporated 12/07/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities
74902
Quantity surveying activities

Officers

Mr Jason Martin Palmer

director · Since 12/07/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 3 other boards

Persons with Significant Control

Mr Jason Martin Palmer

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

British · England · Age 54

27, Byrom Street, Manchester, M3 4PF

Notified 12/07/2019

Former PSCs

Mr David Robert Morris

Ceased 08/12/2021

Mr Peter Thomas Lambert

Ceased 01/04/2021

Charges1 outstanding

Charge
outstanding

BIBBY FINANCIAL SERVICES LTD

Created 12/12/2023Registered 13/12/2023

CompanyRankvs 15+ SIC 70229 peers
8

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.53× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -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.

Liquidity6/20 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. How

Key FinancialsYear ending 31/07/2023

Net Worth

-£462k

Balance sheet strength

Cash

£115k

Cash in the bank

Net Current Assets

-£410k

Working capital

Current Assets

£462k

Current Liabilities

£872k

Fixed Assets

£3k

Debtors

£347k

15avg. employees

Balance Sheet

Assets less current liabilities-£407k
Signed by Mr Jason Palmer 24 April 2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20230.53-£356k
20220.87-£127k
20211.31
20201.23

Derived from filed accounts. Not audited figures.