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Principle Investment Projects Limited

13256803

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

24 24 RED LION STREET, BIRMINGHAM, B48 7LF
Incorporated 10/03/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mrs Francesca Maria Mcgowan

director · Since 10/03/2021

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 1 other board

Mr Patrick James Mcgowan

director · Since 10/03/2021

DIRECTOR

IRISH · ENGLAND · Age 46

Also on 5 other boards

Persons with Significant Control

Mrs Francesca Maria Mcgowan

25–50% shares
25–50% votes

British · England · Age 47

Avon House, 435 Stratford Rd, Solihull, B90 4AA

Notified 10/03/2021

Mr Patrick James Mcgowan

25–50% shares
25–50% votes

Irish · England · Age 46

Avon House, 435 Stratford Rd, Solihull, B90 4AA

Notified 10/03/2021

Charges3 outstanding

Charge
outstanding

THE ALDERMORE BANK PLC

Created 26/08/2025Registered 27/08/2025
Charge
outstanding

OAKNORTH BANK PLC

Created 03/05/2022Registered 22/05/2022
Charge
outstanding

PARATUS AMC LIMITED

Created 14/02/2022Registered 16/02/2022

CompanyRankvs 63470+ SIC 68100 peers
38

Financial strength58th percentile among SIC peers · 14/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.33× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

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.

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.

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 31/03/2025

Net Worth

£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£415k

Working capital

Current Assets

£207k

Current Liabilities

£622k

Fixed Assets

£413k

2avg. employees

Balance Sheet

Assets less current liabilities£2k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20250.33-£8k
20240.34-£28k
20230.36-£20k
20220.02

Derived from filed accounts. Not audited figures.