Back to search

Panaco Ltd

13090804

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

C/O EXPERTAX LIMITED, WATFORD, WD17 1JJ
Incorporated 18/12/2020

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 08/05/2026

Due 22/05/2027

On track

Industry

58190
Other publishing activities
62012
Business and domestic software development

Officers

Mr Oliver Elias Artur Wetzig

director · Since 18/12/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Also on 6 other boards

Persons with Significant Control

Mr Oliver Elias Artur Wetzig

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 45

C/O Expertax Limited, 42-44 Clarendon Road, Watford, WD17 1JJ

Notified 18/12/2020

CompanyRankvs 3331+ SIC 58190 peers
64

Financial strength97th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.75× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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.

Employees14/15 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.

Longevity5/15 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 31/03/2025

Net Worth

£462k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£439k

Working capital

Current Assets

£263k

Current Liabilities

£350k

Fixed Assets

£25k

7avg. employees

Balance Sheet

Assets less current liabilities£464k
Signed by Mr O E Wetzig 31/03/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.75+£0
20250.75+£49k
20241.45+£224k
20233.52-£202k
202212.44

Derived from filed accounts. Not audited figures.