{"name":"PERFORMANCE ENCLOSURES LIMITED","company_number":"02619925","status":"Active","type":"Private Limited Company","incorporated":"1991-06-12","dissolved":null,"registered_office":"6 Rockfort Industrial Estate, Hithercroft Road, Wallingford, Oxfordshire, OX10 9DA","postcode":"OX10 9DA","sic_codes":[{"code":31090,"description":"Manufacture of other furniture"}],"principal_activity":null,"previous_names":[{"name":"SWITCHTRIAL LIMITED","changed_on":"2004-03-23"}],"warnings":[],"accounts":{"category":"Unaudited Abridged","year_end":"31 December","last_made_up_to":"2025-12-31","next_due":"2027-09-30"},"employees":{"count":13,"accounts_date":"2025-12-31"},"financials":[{"financial_date":"2025-12-31","net_assets":107784,"cash":19014,"average_employees":13},{"financial_date":"2024-12-31","net_assets":88053,"cash":6611,"average_employees":14},{"financial_date":"2023-12-31","net_assets":85898,"cash":13782,"average_employees":12},{"financial_date":"2022-12-31","net_assets":74639,"cash":16442},{"financial_date":"2021-12-31","net_assets":64285}],"officers":{"current":1,"resigned":10,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":1,"outstanding":1},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Performance Enclosures Limited presents a conditional credit proposition: a 33-year established manufacturer with consistent net asset growth, but an extremely thin equity base (6.6% of assets) and chronic cash scarcity (£6,611). The balance sheet is inventory-heavy with £976,576 in stock representing 74% of current assets, creating material liquidity risk if stock movement slows. Any credit facility should be secured against receivables or inventory with appropriate haircuts, subject to satisfactory stock valuation, and include cash flow covenants.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/performance-enclosures","people":"https://www.companiesintheuk.co.uk/company/performance-enclosures/people","filing_history":"https://www.companiesintheuk.co.uk/company/performance-enclosures/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/02619925","financials":"https://www.companiesintheuk.co.uk/company/performance-enclosures/financial","control":"https://www.companiesintheuk.co.uk/company/performance-enclosures/control","charges":"https://www.companiesintheuk.co.uk/company/performance-enclosures/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/performance-enclosures/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/performance-enclosures"}