The Pt Works Ltd
15482338
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
28/02/2025
micro entity
Next accounts due
30/11/2026
Confirmation statement
Last: 10/02/2026
Due 24/02/2027
Industry
Officers
secretary · Since 11/02/2024
director · Since 11/02/2024
MANAGING DIRECTOR
BRITISH · UNITED KINGDOM · Age 39
Also on 5 other boards
secretary · Since 11/02/2024
Former
secretary · Resigned 06/03/2024
director · Resigned 06/03/2024
Persons with Significant Control
Mr John Thomas James Wilds
British · United Kingdom · Age 39
Failsworth Fitness, Failsworth Industrial Estate, Morton Street, Manchester, M35 0BN
Notified 11/02/2024
Former PSCs
Mr Mark Anthony Mckim
Ceased 06/03/2024
Change History
Active
Private Limited Company
FAILSWORTH FITNESS, FAILSWORTH INDUSTRIAL ESTATE
MANCHESTER
CompanyRankvs 2025+ SIC 85510 peers62
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 28/02/2026
Net Worth
£41k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£41k
Working capital
Current Assets
£47k
Current Liabilities
£5k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2026 | 8.90 | +£45k |
| 2025 | 0.27 | — |
Derived from filed accounts. Not audited figures.