Company Overview
Permits2work Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Monday 06 August 2001, so this is a well established company. Permits2work Limited has been in business for 24 years and 8 months. The accounts status is total exemption full and the accounts are next due on Sunday 31 May 2026.
Registered Address

8 Kingsdown Orchard, Hyde Road, Swindon, Wiltshire, SN2 7RR
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Companies House Data
Company NamePERMITS2WORK LIMITED
Company Number04265379
Registered Office Address8 Kingsdown Orchard
 Hyde Road
 SN2 7RR
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date06/08/2001
Accounting Reference Date Day31
Accounting Reference Date Month8
Accounts Next Due Date31/05/2026
Accounts Last Made Up Date31/08/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date03/09/2016
Returns Last Made Up Date06/08/2015
Directors & Members
Show Resigned
Matthew Passmore - Director
(British, 46 years old, born September 1980)
Appointed 06 August 2010
 Active
Sharman Paterson - Director
(British, 74 years old, born February 1952)
Appointed 15 August 2001
 Active
Alexander Paterson - Director
(British, 46 years old, born May 1980)
Appointed 15 August 2001
 Active
Henry Paterson - Director
(British, 41 years old, born July 1985)
Appointed 12 July 2015
 Active
Secretaries
Show Resigned
Alex Paterson - Secretary
(British)
Appointed 15 August 2001
 Active
Other Company Directorships
Matthew Passmore
PURPLE BEECH LIMITED
Sharman Paterson
EXEGESIS LIMITED
IMMIGRATION4UK LIMITED
POINTS2WORK LIMITED
UK VISA APPEAL LIMITED
WORK POINTS UK LIMITED
Alexander Paterson
IMMIGRATION4UK LIMITED
POINTS2WORK LIMITED
UK VISA APPEAL LIMITED
WORK POINTS UK LIMITED
Henry Paterson
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2022 31-Aug-2021
Balance Sheet
Fixed Assets 14,486 14,486 15,541
Current Assets 1,289,639 1,289,639 820,901
Creditors Due Within One Year 534,787 534,787 444,258
Working Cap 754,852 754,852 376,643
Total Assets Less Current Liabilities 769,338 769,338 392,184
Long-term Liabilities 42,889 42,889 22,550
Net Assets 726,449 726,449 369,634
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 726,449 726,449 369,634
Common Size Financial Analysis Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2022 31-Aug-2021
Tangible Fixed Assets - - -
Fixed Assets 1.1% 1.1% 1.9%
Stocks Inventory - - -
Debtors 31.6% 31.6% 22.2%
Cash Bank In Hand 64.4% 64.4% 73.4%
Current Assets 98.9% 98.9% 98.1%
Creditors Due Within One Year 41.0% 41.0% 53.1%
Net Current Assets Liabilities 57.9% 57.9% 45.0%
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 55.7% 55.7% 44.2%
Capital Employed - - -
Total Assets Less Current Liabilities 59.0% 59.0% 46.9%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2022 31-Aug-2021
Liquidity Ratio 2.4 2.4 1.8
Solvency Ratio 2.3 2.3 1.8
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 31-Aug-2024 31-Aug-2022 31-Aug-2021
Assets 1,304,125 1,304,125 836,442
Debt 577,676 577,676 466,808
Net Assets/Debt 726,449 726,449 369,634

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. 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. 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. 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
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1791 DIAMONDS U.K. LIMITED
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IMMIGRATION4UK LIMITED
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TOTAL GUIDE TO LTD
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WORK POINTS UK LIMITED
8 KINGSDOWN ORCHARD, HYDE ROAD, SWINDON, WILTSHIRE, SN2 7RR
POINTS2WORK LIMITED
8 KINGSDOWN ORCHARD, HYDE ROAD, SWINDON, WILTSHIRE, SN2 7RR
Document Filings
Confirmation statement made on 6 December 2025 with no updates
Confirmation statement made on 6 December 2024 with no updates
Change of details for Mrs Sharman Anne Paterson-Passmore as a person with significant control on 8 August 2024
Director's details changed for Mrs Sharman Anne Paterson on 8 August 2024
Director's details changed for Mr Henry Thomas Paterson on 8 August 2024
Director's details changed for Mr Alexander David Paterson on 8 August 2024
Director's details changed for Mr Matthew Leigh Passmore on 8 August 2024
Secretary's details changed for Mr Alex Paterson on 8 August 2024
Change of details for Mrs Sharman Anne Paterson-Passmore as a person with significant control on 25 December 2021
Confirmation statement made on 6 December 2023 with no updates
Confirmation statement made on 6 December 2022 with updates
Confirmation statement made on 6 August 2022 with no updates
Confirmation statement made on 6 August 2021 with no updates
Confirmation statement made on 6 August 2020 with updates
Confirmation statement made on 6 August 2019 with no updates
Confirmation statement made on 6 August 2018 with updates
Change of details for Mrs Sharman Anne Paterson as a person with significant control on 27 September 2016
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