Praeclarus Group Limited
12100961
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 12/07/2019
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 54
Also on 3 other boards
Persons with Significant Control
Mr Jason Martin Palmer
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
BIBBY FINANCIAL SERVICES LTD
CompanyRankvs 15+ SIC 70229 peers8
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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.
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
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 0.53 | -£356k |
| 2022 | 0.87 | -£127k |
| 2021 | 1.31 | — |
| 2020 | 1.23 | — |
Derived from filed accounts. Not audited figures.