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Prime Commercial Finance Uk Limited

14631858

active
ltd
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

Gateshead International Business Centre, Mulgrave Terrace, Gateshead, NE8 1AN
Incorporated 01/02/2023

Compliance

Last accounts

28/02/2025

micro entity

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 29/09/2025

Due 13/10/2026

On track

Industry

64999
Other financial service activities

Officers

Chokar & Co. Ltd

secretary · Since 01/02/2023

Also on 5 other boards

Chokar & Co. Ltd

director · Since 01/02/2023

Also on 5 other boards

Mr Baljit Singh Chokar

director · Since 01/12/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 34

Also on 4 other boards

Mr Michael James Grainger

director · Since 22/04/2026

BRITISH · ENGLAND · Age 33

Also on 1 other board

Chokar & Co. Ltd

corporate secretary · Since 01/02/2023

Reg: 12385044

Also on 5 other boards

Chokar & Co. Ltd

corporate director · Since 01/02/2023

Reg: 12385044

Also on 5 other boards

Baljit Singh Chokar

director · Since 01/12/2024

British · England · Age 34

Michael James Grainger

director · Since 22/04/2026

British · England · Age 33

Former

Christopher Cullen

director · Resigned 29/09/2025

Persons with Significant Control

Chokar & Co. Ltd

25–50% shares
25–50% votes

301a, Sunderland Road, South Shields, NE34 6RB

Reg: 12385044 · Companies House · Limited Company

Notified 01/02/2023

Mr Baljit Singh Chokar

25–50% shares
25–50% votes

British · England · Age 34

Gateshead International Business Centre, Mulgrave Terrace, Gateshead, NE8 1AN

Notified 29/09/2025

Former PSCs

Mr Christopher Cullen

Ceased 29/09/2025

Change History

status → active
2026-07-11

Active

type → ltd
2026-07-11

Private Limited Company

address line1 → Gateshead International Business Centre
2026-07-11

GATESHEAD INTERNATIONAL BUSINESS CENTRE

post town → Gateshead
2026-07-11

GATESHEAD

CompanyRankvs 17268+ SIC 64999 peers
42

Financial strength43th percentile among SIC peers · 11/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.61× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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17268Prime Commercial Finance Uk Limited
37
How is this score calculated?
Financial strength11/25 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.

Liquidity6/20 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 28/02/2025

Net Worth

£789

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£789

Working capital

Current Assets

£1k

Current Liabilities

£2k

1avg. employees

Balance Sheet

Assets less current liabilities£789
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20250.61
20240.77

Derived from filed accounts. Not audited figures.