Company Overview
Paint Systems Services Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 22 September 2017, so this is a well established company. Paint Systems Services Limited has been in business for 8 years and 6 months. The accounts status is micro entity and the accounts are next due on Monday 30 November 2026.
Registered Address

The Reading Room The Street, Teffont, Salisbury, Wiltshire, SP3 5QS
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Companies House Data
Company NamePAINT SYSTEMS SERVICES LIMITED
Company Number10977433
Registered Office AddressThe Reading Room The Street
 Teffont
 SP3 5QS
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date22/09/2017
Accounting Reference Date Day28
Accounting Reference Date Month2
Accounts Next Due Date30/11/2026
Accounts Last Made Up Date28/02/2025
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date20/10/2018
Directors & Members
Show Resigned
Sophie Bax - Director
(British, 61 years old, born October 1965)
Appointed 03 October 2017
 Active
Stephen Bax - Director
(British, 67 years old, born June 1959)
Appointed 25 September 2017
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Sophie Bax
No companies found
Stephen Bax
No companies found
Balance Sheet Unlock full report
Accounts Date 28-Feb-2025 28-Feb-2023 28-Feb-2022
Balance Sheet
Fixed Assets 36,671 36,671 40,744
Current Assets 118,745 118,745 79,387
Creditors Due Within One Year 57,867 57,867 86,382
Working Cap 60,878 60,878 -6,995
Total Assets Less Current Liabilities 97,549 97,549 33,749
Long-term Liabilities 39,041 39,041 45,676
Net Assets 58,508 58,508 -11,927
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 58,508 58,508 -11,927
Common Size Financial Analysis Unlock full report
Accounts Date 28-Feb-2025 28-Feb-2023 28-Feb-2022
Tangible Fixed Assets - - -
Fixed Assets 23.6% 23.6% 33.9%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 76.4% 76.4% 66.1%
Creditors Due Within One Year 37.2% 37.2% 71.9%
Net Current Assets Liabilities 39.2% 39.2% -5.8%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 37.6% 37.6% -9.9%
Capital Employed - - -
Total Assets Less Current Liabilities 62.8% 62.8% 28.1%
Financial Ratio Analysis Unlock full report
Accounts Date 28-Feb-2025 28-Feb-2023 28-Feb-2022
Liquidity Ratio 2.1 2.1 0.9
Solvency Ratio 1.6 1.6 0.9
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 28-Feb-2025 28-Feb-2023 28-Feb-2022
Assets 155,416 155,416 120,131
Debt 96,908 96,908 132,058
Net Assets/Debt 58,508 58,508 -11,927

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

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
Other Business around SP3 5QS
No other companies found in the same location
Document Filings
Confirmation statement made on 29 April 2025 with no updates
Notification of Stephen Lawrence Bax as a person with significant control on 30 January 2019
Notification of Sophie Jane Bax as a person with significant control on 30 January 2019
Withdrawal of a person with significant control statement on 31 May 2024
Confirmation statement made on 29 April 2024 with updates
Confirmation statement made on 21 September 2023 with no updates
Confirmation statement made on 21 September 2022 with no updates
Confirmation statement made on 21 September 2021 with no updates
Confirmation statement made on 21 September 2020 with no updates
Confirmation statement made on 21 September 2019 with no updates
Registered office address changed from The Long House Teffont Salisbury SP3 5RS United Kingdom to The Reading Room the Street Teffont Salisbury Wiltshire SP3 5QS on 13 November 2019
Confirmation statement made on 21 September 2018 with no updates
Current accounting period extended from 30 September 2018 to 28 February 2019
Appointment of Mrs Sophie Jane Bax as a director on 3 October 2017
Termination of appointment of Sophie Jane Bax as a director on 2 October 2017
Appointment of Mrs Sophie Jane Bax as a director on 25 September 2017
Appointment of Mr Stephen Lawrence Bax as a director on 25 September 2017
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