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Padre Systems Ltd.

14108500

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

25 ST THOMAS STREET, WINCHESTER, SO23 9HJ
Incorporated 16/05/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

15120
Manufacture of luggage, handbags and the like, saddlery and harness

Officers

Mr Rory William Horgan

director · Since 16/05/2022

CHIEF EXECUTIVE

BRITISH · UNITED KINGDOM · Age 38

Also on 2 other boards

Persons with Significant Control

Mr Rory William Horgan

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

British · United Kingdom · Age 38

25 St Thomas Street, Winchester, SO23 9HJ

Notified 16/05/2022

CompanyRankvs 583+ SIC 15120 peers
36

Financial strength29th percentile among SIC peers · 7/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength7/25 pts

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

Employees8/15 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.

Longevity4/15 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 31/05/2024

Net Worth

£1

Balance sheet strength

Cash

£335

Cash in the bank

Net Current Assets

-£30k

Working capital

Current Assets

£916

Current Liabilities

£31k

Debtors

£581

1avg. employees

Balance Sheet

Intangible assets£17k
Assets less current liabilities-£13k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.03
20230.18

Derived from filed accounts. Not audited figures.