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Peak Converters Limited

12517413

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

WATER LANE, DERBY, DE4 4AA
Incorporated 13/03/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

13921
Manufacture of soft furnishings

Officers

Mr Michael Lee Crowshaw

director · Since 13/03/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 1 other board

Mr Michael Stuart Clarridge

director · Since 24/10/2024

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 8 other boards

Persons with Significant Control

Whitemeadow Furniture Limited

25–50% shares
25–50% votes

Orchard Way, Calladine Business Park, Sutton-In-Ashfield, NG17 1JU

Reg: 06386737 · Companies House · Private Company Limited By Shares

Notified 24/10/2024

Former PSCs

Mr Darren Crowshaw

Ceased 09/08/2021

Mr Michael Lee Crowshaw

Ceased 09/08/2021

Mr Alan Crowshaw

Ceased 09/08/2021

Whitemeadow Investments Limited

Ceased 24/10/2024

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 02/10/2025Registered 06/10/2025
Charge
satisfied

CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)

Created 27/05/2020Registered 02/06/2020Satisfied 03/11/2025

CompanyRankvs 180+ SIC 13921 peers
66

Financial strength95th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.79× · 16/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 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.

Longevity6/15 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 30/04/2025

Net Worth

£704k

Balance sheet strength

Cash

£268k

Cash in the bank

Net Current Assets

£466k

Working capital

Current Assets

£1.1M

Current Liabilities

£586k

Fixed Assets

£551k

Debtors

£543k

53avg. employees-9

Tax at Year End

Corp tax-£207
VAT£131k

Director Loans(2024)

Company owes directors£11k

Balance Sheet

Intangible assets£10k
Assets less current liabilities£1.0M
Signed by Mr Michael Crowshaw 28 July 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20251.79+£41k£2.6M
20242.16+£94k£754k
20231.50+£346k£4.7M
20221.12+£217k£3.1M
20210.87

Derived from filed accounts. Not audited figures.