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Process Plant Engineering Limited

12240675

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

PERRYGROVE HOUSE, COLEFORD, GL16 8QB
Incorporated 03/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25210
Manufacture of central heating radiators and boilers

Officers

Mr Oliver Rhys Davies

director · Since 03/10/2019

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 1 other board

Mr Melvin Leslie John

director · Since 03/10/2019

DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 5 other boards

Persons with Significant Control

Mr Melvin Leslie John

25–50% shares
25–50% votes

British · England · Age 68

Unit 5, New Dunn Business Park, Coleford, GL16 8JD

Notified 03/10/2019

Mr Oliver Rhys Davies

25–50% shares
25–50% votes

British · England · Age 46

Unit 5, New Dunn Business Park, Coleford, GL16 8JD

Notified 03/10/2019

Former PSCs

Mr Ivan John David Griffin

Ceased 31/12/2019

CompanyRankvs 37+ SIC 25210 peers
71

Financial strength78th percentile among SIC peers · 20/25
Employees63th percentile among SIC peers · 9/15
LiquidityCurrent ratio 2.23× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 pts

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

Employees9/15 pts

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

Liquidity20/20 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.

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

Key FinancialsYear ending 31/10/2025

Net Worth

£111k

Balance sheet strength

Cash

£46k

Cash in the bank

Net Current Assets

£42k

Working capital

Current Assets

£77k

Current Liabilities

£34k

Fixed Assets

£86k

Debtors

£31k

2avg. employees+1

Balance Sheet

Bank loans & overdrafts£6k
Assets less current liabilities£129k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20252.23-£22k
20231.99

Derived from filed accounts. Not audited figures.