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Planet Gas & Heating Ltd

15276059

active
Private Limited Company
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)
  • Negative net worth (-10)

Details

107 BARNES HILL, BIRMINGHAM, B29 5UN
Incorporated 10/11/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47190
Other retail sale in non-specialised stores
71129
Other engineering activities

Officers

Mr Lyes Achir

director · Since 10/11/2023

DIRECTOR

ALGERIAN · ENGLAND · Age 37

Mr Salim Achir

director · Since 10/11/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 2 other boards

Persons with Significant Control

Mr Lyes Achir

25–50% shares
25–50% votes
Appoint directors

Algerian · England · Age 37

107 Barnes Hill, Weoley Castle, Birmingham, B29 5UN

Notified 10/11/2023

Mr Salim Achir

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 50

107 Barnes Hill, Weoley Castle, Birmingham, B29 5UN

Notified 10/11/2023

CompanyRankvs 17178+ SIC 47190 peers
38

Financial strength18th percentile among SIC peers · 5/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.88× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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17178Planet Gas & Heating Ltd
33
How is this score calculated?
Financial strength5/25 pts

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

Employees9/15 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.

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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/11/2024

Net Worth

-£2k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£13k

Working capital

Current Assets

£92k

Current Liabilities

£105k

Fixed Assets

£11k

2avg. employees

Balance Sheet

Assets less current liabilities-£2k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.88

Derived from filed accounts. Not audited figures.