Premelec Limited
14106320
Some Concerns
- Negative net worth (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/03/2025
micro entity
Next accounts due
31/12/2026
Confirmation statement
Last: 11/05/2026
Due 25/05/2027
Industry
Officers
Persons with Significant Control
Michael Jonathan Ward
British · England · Age 40
4, Spur Road, Portsmouth, PO6 3EB
Notified 13/05/2022
Premgroup Services Limited
4, Spur Road, Portsmouth, PO6 3EB
Reg: 12223561 · Companies House · Private Limited Company
Notified 13/05/2022
Charges1 outstanding
LLOYDS BANK COMMERCIAL FINANCE LIMITED
Change History
Active
Private Limited Company
12-14 HIGHCROFT INDUSTRIAL ESTATE
WATERLOOVILLE
CompanyRankvs 26708+ SIC 43210 peers35
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
-£34k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£9k
Working capital
Current Assets
£194k
Current Liabilities
£185k
Fixed Assets
£45k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.05 | +£66k |
| 2024 | 4.10 | -£35k |
| 2023 | 2.09 | — |
Derived from filed accounts. Not audited figures.