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Prime Currencies Limited

14784536

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

20 HAVELOCK ROAD, HASTINGS, TN34 1BP
Incorporated 06/04/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64999
Other financial service activities

Officers

Mr Lee Derek Males

director · Since 06/04/2023

IT CONSULTANT

BRITISH · ENGLAND · Age 49

Also on 2 other boards

Mr Arran John Duke

director · Since 01/12/2023

FX DEALER

BRITISH · UNITED KINGDOM · Age 47

Persons with Significant Control

Mr Lee Derek Males

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

British · England · Age 49

Flat 1 Sandringham Court, King And Queen Wharf, London, SE16 5SQ

Notified 06/04/2023

Former PSCs

Mr Arran John Duke

Ceased 07/04/2023

CompanyRankvs 19025+ SIC 64999 peers
23

Financial strength43th percentile among SIC peers · 11/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.38× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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33
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.

Employees2/15 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.

Longevity3/15 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 the Companies Act 2006. The financial statements have been prepared under the historical cost convention. The directors have made an assessment about the company's ability to continue as a going concern and they do not consider there to be any material uncertainties. As a result they have adopted the going concern basis of accounting. Turnover Turnover is measured at the fair value of t

Key FinancialsYear ending 31/03/2025

Net Worth

£1k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£5k

Working capital

Current Assets

£3k

Current Liabilities

£8k

Debtors

£2k

0avg. employees

Balance Sheet

Assets less current liabilities-£5k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.38
20241.19

Derived from filed accounts. Not audited figures.