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Pre Formed Limited

13814763

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)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

OFFICE 13. DURHAM WORKSPACE ABBEY ROAD, DURHAM, DH1 5JZ
Incorporated 22/12/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

03110
Marine fishing
23610
Manufacture of concrete products for construction purposes

Officers

Mr James Humphrey Watson

director · Since 22/12/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Persons with Significant Control

Mr James Humphrey Watson

75–100% shares

British · United Kingdom · Age 44

Pinkertonhill, Innerwick, East Lothian, EH42 1RX

Notified 22/12/2021

CompanyRankvs 660+ SIC 03110 peers
21

Financial strength11th percentile among SIC peers · 3/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength3/25 pts

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

Employees6/15 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

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The director has given his continued support in the company's ability to continue as a going concern. 2.3. Turnover Turnover is measured at the fair value of the consideration

Key FinancialsYear ending 30/12/2024

Net Worth

-£24k

Balance sheet strength

Cash

£4

Cash in the bank

Net Current Assets

-£5k

Working capital

Current Assets

£4

Current Liabilities

£5k

Fixed Assets

£24k

1avg. employees

Tax at Year End

VAT£2k

Director Loans

Company owes directors£39k

Balance Sheet

Assets less current liabilities£19k
Signed by Mr James Watson 29/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.00-£2k£40k
20230.55£37k

Derived from filed accounts. Not audited figures.