Company Overview
P55 Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 04 April 1997, so this is a well established company. P55 Limited has been in business for 28 years and 11 months. The accounts status is total exemption full and the accounts are next due on Tuesday 30 December 2025.
Registered Address

7 Folgate Road, North Walsham, Norfolk, NR28 0AJ
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Companies House Data
Company NameP55 LIMITED
Company Number03345358
Registered Office Address7 Folgate Road
 North Walsham
 NR28 0AJ
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date04/04/1997
Accounting Reference Date Day30
Accounting Reference Date Month3
Accounts Next Due Date30/12/2026
Accounts Last Made Up Date31/03/2025
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date11/05/2017
Returns Last Made Up Date13/04/2016
Directors & Members
Show Resigned
Andrew Brammer - Director
(British, 63 years old, born June 1963)
Appointed 04 June 2008
 Active
Richard Pratt - Director
(British, 63 years old, born June 1963)
Appointed 16 April 1997
 Active
Tom Richards - Director
(British, 37 years old, born July 1989)
Appointed 24 March 2021
 Active
Secretaries
Show Resigned
Richard Pratt - Secretary
Appointed 12 April 2013
 Active
Other Company Directorships
Andrew Brammer
FASTCOURT LIMITED
SPEAKING WORDS LTD
SPECIALIST VEHICLE PARTS LTD
THE SPEAKING DIRECTOR LTD
Richard Pratt
CRYSTAL HOUSE PROPERTIES LIMITED
FASTCOURT LIMITED
GEORGE MOATE LIMITED
SPECIALIST VEHICLE PARTS LTD
Tom Richards
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2023 31-Mar-2022
Balance Sheet
Fixed Assets 549,929 549,929 848,320
Current Assets 2,340,848 2,340,848 2,933,042
Creditors Due Within One Year 1,621,956 1,621,956 2,130,473
Working Cap 718,892 718,892 802,569
Total Assets Less Current Liabilities 1,268,821 1,268,821 1,650,889
Long-term Liabilities 759,439 759,439 1,182,944
Net Assets 509,382 509,382 467,945
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 509,382 509,382 467,945
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2023 31-Mar-2022
Tangible Fixed Assets - - -
Fixed Assets 19.0% 19.0% 22.4%
Stocks Inventory - - -
Debtors 46.9% 46.9% 40.1%
Cash Bank In Hand 1.9% 1.9% 2.5%
Current Assets 81.0% 81.0% 77.6%
Creditors Due Within One Year 56.1% 56.1% 56.3%
Net Current Assets Liabilities 24.9% 24.9% 21.2%
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 17.6% 17.6% 12.4%
Capital Employed - - -
Total Assets Less Current Liabilities 43.9% 43.9% 43.7%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2023 31-Mar-2022
Liquidity Ratio 1.4 1.4 1.4
Solvency Ratio 1.2 1.2 1.1
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 10
Mortgages Outstanding 3
Mortgages Part Satisfied 0
Mortgages Satisfied 7
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2023 31-Mar-2022
Assets 2,890,777 2,890,777 3,781,362
Debt 2,381,395 2,381,395 3,313,417
Net Assets/Debt 509,382 509,382 467,945

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 amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

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 amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.   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 amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

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 NR28 0AJ
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CORNISH WAY BUSINESS PARK MANAGEMENT COMPANY LTD
4 CORNISH WAY BUSINESS PARK, NORTH WALSHAM, NR28 0AJ
INSTROMET WEATHER SYSTEMS LIMITED
Unit 10b Folgate Road, North Walsham, Norfolk, NR28 0AJ
MARINE WELD FABRICATION LIMITED
5 FOLGATE ROAD, NORTH WALSHAM, NORFOLK, NR28 0AJ
TUFTS & WHITTON (CONTROLS) LIMITED
C/O Rowlands Woodhouse Holdings, Ltd, Laundry Loke Industrial, Estate, Folgate Road, North Walsham, Norfolk, NR28 0AJ
GEORGE MOATE LIMITED
C/O P55 Ltd, 7 Folgate Road, North Walsham, NR28 0AJ
CODA PLASTICS LIMITED
FOLGATE ROAD, NORTH WALSHAM, NORFOLK, NR28 0AJ
AUTOGROW LIMITED
10f Folgate Road, North Walsham, Norfolk, NR28 0AJ
SOUTHREPPS DEVELOPMENTS LTD
4 CORNISH WAY BUSINESS PARK, NORTH WALSHAM, NR28 0AJ
COURTENAY SPORT LIMITED
14 FOLGATE ROAD, NORTH WALSHAM, NORFOLK, NR28 0AJ
Document Filings
Confirmation statement made on 8 April 2025 with no updates
Change of details for Mr Richard Mark Pratt as a person with significant control on 20 February 2025
Confirmation statement made on 13 April 2024 with no updates
Confirmation statement made on 13 April 2023 with updates
Termination of appointment of Garry Richard Pearce as a director on 8 October 2022
Appointment of Mr Garry Richard Pearce as a director on 1 April 2022
Confirmation statement made on 13 April 2022 with no updates
Confirmation statement made on 13 April 2021 with updates
Appointment of Mr Tom Richards as a director on 24 March 2021
Confirmation statement made on 13 April 2020 with no updates
Registration of charge 033453580010, created on 13 June 2019
Confirmation statement made on 13 April 2019 with no updates
Confirmation statement made on 13 April 2018 with no updates
Particulars of variation of rights attached to shares
Change of share class name or designation
Resolutions
Statement of Company's objects
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