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Promech Holdings Limited

12346692

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

SUITE 236 THE CEME CENTRE, RAINHAM, RM13 8EU
Incorporated 03/12/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Joe Stephen Watley

director · Since 06/02/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Also on 2 other boards

Mr Terry David Watley

director · Since 06/02/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Also on 2 other boards

Persons with Significant Control

Promech Holding Services Ltd

50–75% shares
50–75% votes
Appoint directors

12, High Street, Stanford-Le-Hope, SS17 0EY

Reg: 14262402 · England And Wales Companies Registry · Private Limited

Notified 28/09/2022

Former PSCs

Mr Stephen James Pearce

Ceased 28/09/2022

Mrs Sharon Lee Pearce

Ceased 28/09/2022

Charges1 outstanding

Charge
outstanding

STEPHEN JAMES PEARCE · SHARON LEE PEARCE

Created 28/09/2022Registered 16/10/2022

CompanyRankvs 34552+ SIC 64209 peers
35

Financial strength56th percentile among SIC peers · 14/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.6× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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34552Promech Holdings Limited
40
How is this score calculated?
Financial strength14/25 pts

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

Employees3/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2025

Net Worth

£1k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£2.0M

Working capital

Current Assets

£3.0M

Current Liabilities

£5.0M

Fixed Assets

£2.0M

0avg. employees

Balance Sheet

Assets less current liabilities£1k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.60+£0
20250.60-£102
20240.54-£9
20230.52-£7k
20220.54+£4k
20210.33-£1k
20200.40—

Derived from filed accounts. Not audited figures.