Prem Work Limited
12503151
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
30/09/2024
group
Next accounts due
30/09/2026
Confirmation statement
Last: 06/03/2026
Due 20/03/2027
Industry
Officers
director · Since 06/03/2020
DIRECTOR
BRITISH · ENGLAND · Age 56
Also on 8 other boards
director · Since 06/03/2020
DIRECTOR
BRITISH · ENGLAND · Age 59
Also on 6 other boards
Persons with Significant Control
Mr Richard Blood
British · United Kingdom · Age 68
Magma House, 16 Davy Court, Rugby, CV23 0UZ
Notified 06/03/2020
Charges1 outstanding
BIBBY FINANCIAL SERVICES LIMITED
SANTANDER UK PLC
SANTANDER UK PLC
Change History
Active
RUGBY
Private Limited Company
MAGMA HOUSE 16 DAVY COURT
CompanyRankvs 164640+ SIC 78200 peers6
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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
identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going c
Key FinancialsYear ending 30/09/2024
Net Worth
-£5.2M
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£4.0M
Working capital
Current Assets
£100
Current Liabilities
£4.0M
Fixed Assets
£5.0M
Debtors
£100
Profit After Tax
-£231k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.00 | -£231k |
| 2023 | 0.00 | +£698k |
| 2022 | — | -£501k |
| 2021 | — | -£126k |
Derived from filed accounts. Not audited figures.