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Pattern Solutions Limited

12954898

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

SARGINSONS INDUSTRIES, COVENTRY, CV4 9AG
Incorporated 15/10/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr Thomas Mark Nunan

director · Since 01/12/2023

DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 2 other boards

Persons with Significant Control

Nudation Ltd

75–100% shares

Sarginsons, Torrington Avenue, Coventry, CV4 9AG

Reg: 08274704 · England · Limited Company

Notified 01/12/2023

Mr Thomas Mark Nunan

75–100% votes
Appoint directors
right-to-appoint-and-remove-directors-as-firm

British · England · Age 2

Sarginsons Industries, Torrington Avenue, Coventry, CV4 9AG

Notified 01/12/2023

Mr Thomas Mark Nunan

75–100% shares

British · England · Age 65

Sarginsons Industries, Torrington Avenue, Coventry, CV4 9AG

Notified 21/12/2023

Former PSCs

Mr Andrew Neal

Ceased 01/12/2023

Mrs Stephanie Jane Neal

Ceased 04/05/2021

Nudation

Ceased 02/11/2025

Charges2 outstanding

Charge
outstanding

BIRMINGHAM CITY COUNCIL

Created 31/03/2025Registered 02/04/2025
Charge
outstanding

ECAPITAL COMMERCIAL FINANCE LIMITED

Created 10/01/2024Registered 19/01/2024

CompanyRankvs 11924+ SIC 32990 peers
16

Financial strength3th percentile among SIC peers · 1/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.46× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees12/15 pts

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

Liquidity2/20 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

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

and the responsibilities of the director with respect to going concern are described in the relevant sections of this report. Emphasis of Matter - Material Uncertainty Related to Going Concern We draw attention to Note 2 in the financial statements, which indicates that the company reported net liabilities of £163,865 as at 31 March 2025, has incurred ongoing trading losses, and its curren

Key FinancialsYear ending 31/03/2025

Turnover

£487k

Annual revenue

Net Worth

-£164k

Balance sheet strength

Cash

£13k

Cash in the bank

Profit Before Tax

-£126k

Bottom line earnings

Net Current Assets

-£165k

Working capital

Current Assets

£139k

Current Liabilities

£304k

Fixed Assets

£87k

Debtors

£119k

Cost of Sales

£144k

Gross Profit

£343k

Admin Expenses

£464k

Operating Profit

-£113k

Profit After Tax

-£140k

7avg. employees

Tax at Year End

Dividends paid£45k

Balance Sheet

Assets less current liabilities-£78k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.46-£140k
20240.62-£104k
20231.34+£24k
20221.17

Derived from filed accounts. Not audited figures.