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Prime Pellets Limited

15077320

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

THE LAUNCHPAD AIRPORT BUSINESS PARK, ROCHFORD, SS4 1YH
Incorporated 16/08/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46719
Wholesale of other fuels and related products

Officers

Mr Grant Michael Lodge

director · Since 16/08/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 15 other boards

Mr Anthony John Rowland

director · Since 01/09/2023

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 1 other board

Persons with Significant Control

Flush Energy Limited

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

The Launchpad, Airport Business Park, Rochford, SS4 1YH

Reg: 13099857 · England & Wales · Limited Company

Notified 16/08/2023

CompanyRankvs 583+ SIC 46719 peers
21

Financial strength32th percentile among SIC peers · 8/25
Employees23th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.03× · 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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583Prime Pellets Limited
30
How is this score calculated?
Financial strength8/25 pts

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

Employees3/15 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

numerous scenarios to consider the possible further impacts on the business and its ability to continue as a going concern. While the Directors accept there are inherent uncertainties on the business they are satisfied that, based on their assessment of the future possible impacts and their plans to deal with them, the c

Key FinancialsYear ending 31/12/2024

Net Worth

£100

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£126k

Working capital

Current Assets

£4k

Current Liabilities

£130k

Fixed Assets

£28k

Debtors

£604

0avg. employees

Balance Sheet

Assets less current liabilities-£98k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.03

Derived from filed accounts. Not audited figures.