Company Overview
Petec Limited is a Dissolved Private Limited Company.
Registered Address

Bulman House Regent Centre, Gosforth, Newcastle Upon Tyne, NE3 3LS
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Companies House Data
Company NamePETEC LIMITED
Company Number08807401
Registered Office AddressBulman House Regent Centre
 Gosforth
 NE3 3LS
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date09/12/2013
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2016
Accounts Last Made Up Date31/12/2014
Accounts Account CategoryTOTAL EXEMPTION SMALL
Returns Next Due Date06/01/2017
Returns Last Made Up Date09/12/2015
Directors & Members
Show Resigned
Frank Browne - Director
(British, 69 years old, born May 1957)
Appointed 25 June 2014
 Active
Jeffrey Brunskill - Director
(British, 66 years old, born October 1960)
Appointed 06 January 2014
 Active
John Mills - Director
(British, 64 years old, born October 1962)
Appointed 09 December 2013
 Active
Steven Potts - Director
(British, 54 years old, born March 1972)
Appointed 06 January 2014
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Frank Browne
RIMO MANAGEMENT LTD
SIGMA EUROPE LTD
SIGMA TECHNICAL (EUROPE) LTD
Jeffrey Brunskill
PAKWAY LIMITED
RE PET LIMITED
THERMODYNAMIX (HOLDINGS) LIMITED
THERMODYNAMIX THERMOFORMING SPECIALIST SERVICES LIMITED
John Mills
PLASTICS RECOVERY SCOTLAND LTD
POLYMER EXTRUSION TECHNOLOGIES (UK) LIMITED
RAVAGO MANUFACTURING UK LIMITED
SIGMA POLYMERS LTD
SIGMA TECHNICAL (EUROPE) LTD
SIGMA TECHNICAL LIMITED
SIGMA TECHNICAL PLASTICS LIMITED
TECHNICAL POLYMERS CONSULTANCY LTD
Steven Potts
PLASTICS RECOVERY SCOTLAND LTD
SIGMA TECHNICAL (EUROPE) LTD
Balance Sheet Unlock full report
Accounts Date 31-Dec-2014
Balance Sheet
Fixed Assets 577,568
Current Assets 915,816
Creditors Due Within One Year 1,542,905
Working Cap -627,089
Total Assets Less Current Liabilities -49,521
Long-term Liabilities 260,736
Net Assets -310,257
Share Capital & Reserves
Share Cap 100
Profit & Loss Reserves -310,357
Other Reserves 0
Shareholders Funds -310,257
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2014
Tangible Fixed Assets -
Fixed Assets 38.7%
Stocks Inventory 14.3%
Debtors 44.3%
Cash Bank In Hand 2.8%
Current Assets 61.3%
Creditors Due Within One Year 103.3%
Net Current Assets Liabilities -42.0%
Creditors Due After One Year 17.5%
Accruals Deferred Income -
Provisions For Liabilities Charges -
Net Assets Liabilities Including Pension Asset Liability -20.8%
Called Up Share Capital 0.0%
Share Capital Allotted Called Up Paid 0.0%
Profit Loss Account Reserve -20.8%
Shareholder Funds -20.8%
Capital Employed -
Total Assets Less Current Liabilities -3.3%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2014
Liquidity Ratio 0.6
Solvency Ratio 0.8
Reserves to Assets -0.2
Secured Creditors Unlock full report

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Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Final Gazette dissolved following liquidation
Return of final meeting in a creditors' voluntary winding up
Liquidators' statement of receipts and payments to 3 April 2021
Appointment of a voluntary liquidator
Removal of liquidator by court order
Liquidators' statement of receipts and payments to 3 April 2020
Liquidators' statement of receipts and payments to 3 April 2019
Liquidators' statement of receipts and payments to 3 April 2018
Liquidators' statement of receipts and payments to 3 April 2017
Notice to Registrar of Companies of Notice of disclaimer
Registered office address changed from Unit 16 Dubmire Industrial Estate Cherry Way, Fence Houses Houghton Le Spring County Durham DH4 5RJ to Bulman House Regent Centre Gosforth Newcastle upon Tyne NE3 3LS on 20 April 2016
Statement of affairs with form 4.19
Appointment of a voluntary liquidator
Resolutions
Annual return made up to 9 December 2015 with full list of shareholders
Annual return made up to 9 December 2014 with full list of shareholders
Director's details changed for Mr Jeffrey Brunskill on 16 December 2014
Director's details changed for Mr Steven Peter Potts on 16 December 2014
Director's details changed for Mr John Christopher Mills on 16 December 2014
Director's details changed for Mr Frank Browne on 16 December 2014
Registered office address changed from Hazlemere 70 Chorley New Road Bolton BL1 4BY United Kingdom to Unit 16 Dubmire Industrial Estate Cherry Way, Fence Houses Houghton Le Spring County Durham DH4 5RJ on 16 December 2014
Appointment of Mr Frank Browne as a director
Termination of appointment of Nicholas King as a director
Registration of charge 088074010001
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