Company Overview
Plank Composites Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 04 November 2021. Plank Composites Ltd has been in business for 4 years and 4 months. The accounts status is micro entity and the accounts are next due on Monday 31 August 2026.
Registered Address

The Clarence Building, 5 Market Place, Hinckley, LE10 1NT
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Companies House Data
Company NamePLANK COMPOSITES LTD
Company Number13724140
Registered Office AddressThe Clarence Building
 5 Market Place
 LE10 1NT
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date04/11/2021
Accounting Reference Date Day30
Accounting Reference Date Month11
Accounts Next Due Date31/08/2026
Accounts Last Made Up Date30/11/2024
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date02/12/2022
Previous Company NameChanged Date
COMPOSITE STORE LTD20 Jun 2022
CLAD RIGHT LTD20 May 2022
Directors & Members
Show Resigned
Raghu Ramaiah - Director
(British, 54 years old, born December 1972)
Appointed 29 March 2022
 Active
Secretaries
Alan Wells - Secretary
Appointed 04 November 2021
 Active
Other Company Directorships
Raghu Ramaiah
AIKLU LTD
CLARENCE HIVE LTD
DERMPOD HEALTHCARE LIMITED
DERMPOD LIMITED
ETHICAL HEALTHCARE LIMITED
ETHICAL LOCUMS LTD
GENESIS DEVELOPERS LIMITED
GENESIS PARTNERS LTD
GENESIS TECH SOLUTIONS LTD
HIVE CAPITAL LIMITED
HIVE INTERNATIONAL LTD
HIVE WORKFORCE LTD
IMEDICS CARE LIMITED
IMEDICS HEALTHCARE LTD
IMEDICS RECRUITMENT LTD
INSIGMA ASSETS LTD
INSIGMA CAPITAL LIMITED
INSIGMA LIMITED
MEDICUS HEALTHTECH LIMITED
MEDICUS LOCUMS LIMITED
MEDICUS WORKFORCE LTD
MEDIPOD LIMITED
MICROPUBS LTD
QUEST LOCUMS LTD
QUEST MEDICAL LOCUMS LTD
REACH24 LIMITED
SYMPHONY HOSPITALITY LIMITED
TRAVEL HIVE NEWCASTLE LTD
Balance Sheet Unlock full report
Accounts Date 30-Nov-2024 30-Nov-2022
Balance Sheet
Fixed Assets 0 0
Current Assets 60,565 60,565
Creditors Due Within One Year -502 -502
Working Cap 61,067 61,067
Total Assets Less Current Liabilities 61,067 61,067
Long-term Liabilities - -
Net Assets - -
Share Capital & Reserves
Share Cap - -
Profit & Loss Reserves - -
Other Reserves - -
Shareholders Funds - -
Common Size Financial Analysis Unlock full report
Accounts Date 30-Nov-2024 30-Nov-2022
Tangible Fixed Assets - -
Fixed Assets 0.0% 0.0%
Stocks Inventory - -
Debtors - -
Cash Bank In Hand - -
Current Assets 100.0% 100.0%
Creditors Due Within One Year -0.8% -0.8%
Net Current Assets Liabilities 100.8% 100.8%
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 - -
Capital Employed - -
Total Assets Less Current Liabilities 100.8% 100.8%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Nov-2024 30-Nov-2022
Liquidity Ratio -120.6 -120.6
Solvency Ratio - -
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 30-Nov-2024 30-Nov-2022
Assets 60,565 60,565
Debt - -
Net Assets/Debt - -

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.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency.

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.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency.   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.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency.

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 LE10 1NT
No other companies found in the same location
Document Filings
Compulsory strike-off action has been discontinued
Confirmation statement made on 3 November 2025 with no updates
First Gazette notice for compulsory strike-off
Confirmation statement made on 3 November 2024 with updates
Confirmation statement made on 3 November 2023 with no updates
Termination of appointment of Alan Wells as a director on 16 November 2022
Termination of appointment of Scott Newman as a director on 16 November 2022
Confirmation statement made on 3 November 2022 with updates
Registered office address changed from Unit 10, the Bridgeworks Whitemoor Road Kenilworth Coventry Warwickshire CV8 2BL England to The Clarence Building 5 Market Place Hinckley LE10 1NT on 16 November 2022
Registered office address changed from 10 Lollard Croft Coventry West Midlands CV3 5GH United Kingdom to Unit 10, the Bridgeworks Whitemoor Road Kenilworth Coventry Warwickshire CV8 2BL on 24 June 2022
Certificate of change of name
Certificate of change of name
Cessation of Bespoke Cabins and Landscapes Ltd as a person with significant control on 18 April 2022
Termination of appointment of Genesis Developers Limited as a director on 18 April 2022
Notification of Raghu Nanda Ramaiah as a person with significant control on 18 April 2022
Cessation of Genesis Developers Limited as a person with significant control on 18 April 2022
Appointment of Dr Raghu Nanda Ramaiah as a director on 29 March 2022
Incorporation
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