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Plank Composites Ltd

13724140

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

THE CLARENCE BUILDING, HINCKLEY, LE10 1NT
Incorporated 04/11/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43390
Other building completion and finishing

Officers

Mr Alan Wells

secretary · Since 04/11/2021

Dr Raghu Nanda Ramaiah

director · Since 29/03/2022

DOCTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 25 other boards

Persons with Significant Control

Dr Raghu Nanda Ramaiah

50–75% shares

British · United Kingdom · Age 53

5, Market Place, Hinckley, LE10 1NH

Notified 18/04/2022

Former PSCs

Genesis Developers Limited

Ceased 18/04/2022

Bespoke Cabins And Landscapes Ltd

Ceased 18/04/2022

CompanyRankvs 44279+ SIC 43390 peers
23

Financial strength8th percentile among SIC peers · 2/25
Employees8th percentile among SIC peers · 1/15
LiquidityNo balance sheet data · 0/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees1/15 pts

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

Liquidity0/20 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 30/11/2024

Net Worth

-£15k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£61k

Working capital

Current Assets

Current Liabilities

-£502

0avg. employees

Balance Sheet

Assets less current liabilities£61k
Signed by Dr Raghu Nanda Ramaiah

EstimatesDerived

YearImplied Profit
2024+£0
2023+£0

Derived from filed accounts. Not audited figures.