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Parents In Partnership (Pips) Ltd

12196265

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

CHARNWOOD HOUSE HARCOURT WAY, LEICESTER, LE19 1WP
Incorporated 09/09/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

88990
Other social work activities without accommodation

Officers

Miss Louise Michelle Yvonne Brakes

director · Since 09/09/2019

SOCIAL WORKER

BRITISH · UNITED KINGDOM · Age 45

Mr Darren Richard Sherriff

director · Since 07/02/2022

DIRECTOR

BRITISH · ENGLAND · Age 58

Persons with Significant Control

Miss Louise Michelle Yvonne Brakes

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

British · United Kingdom · Age 45

Charnwood House, Harcourt Way, Leicester, LE19 1WP

Notified 09/09/2019

Former PSCs

Miss Rachel Louise Smart

Ceased 09/09/2019

Charges2 outstanding

Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 14/12/2022Registered 23/12/2022
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 14/12/2022Registered 19/12/2022

CompanyRankvs 2983+ SIC 88990 peers
61

Financial strength86th percentile among SIC peers · 22/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.55× · 16/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£78k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

£51k

Working capital

Current Assets

£143k

Current Liabilities

£92k

Fixed Assets

£224k

Debtors

£136k

2avg. employees

Tax at Year End

Corp tax£2k

Balance Sheet

Assets less current liabilities£274k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.55-£6k
20241.42+£53k
20221.23+£18k
20212.03

Derived from filed accounts. Not audited figures.