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Parham Finance Co. Limited(The)

00629946

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 13 outstanding charges (-10)

Details

737 ROMFORD ROAD, LONDON, E12 5AW
Incorporated 09/06/1959

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 21/10/2025

Due 04/11/2026

On track

Industry

45320
Retail trade of motor vehicle parts and accessories
68310
Real estate agencies

Officers

Mr Jasmere Singh

secretary · Since 14/12/1990

INDIAN · ENGLAND · Age 70

Also on 5 other boards

Mr Jagdish Singh Sandhu

director · Since 14/12/1990

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 1 other board

Mr Jasmere Singh

director · Since 14/12/1990

COMPANY DIRECTOR

INDIAN · ENGLAND · Age 70

Also on 5 other boards

Persons with Significant Control

Mr Jagdish Singh Sandhu

Significant control

British · England · Age 69

737 Romford Road, London, E12 5AW

Notified 07/04/2016

Mr Jasmere Singh

Significant control

Indian · England · Age 70

737 Romford Road, London, E12 5AW

Notified 07/04/2016

Charges13 outstanding

charge
outstanding

LLOYDS TSB BANK PLC

Created 26/04/2004Registered 28/04/2004
charge
outstanding

LLOYDS TSB BANK PLC

Created 03/11/2003Registered 05/11/2003
charge
outstanding

LLOYDS TSB BANK PLC

Created 01/11/2002Registered 05/11/2002
charge
outstanding

LLOYDS TSB BANK PLC

Created 05/06/2002Registered 12/06/2002
charge
satisfied

LLOYDS TSB BANK PLC

Created 19/09/2001Registered 21/09/2001Satisfied 19/11/2021
charge
outstanding

LLOYDS TSB BANK PLC

Created 12/10/2000Registered 13/10/2000
charge
outstanding

LLOYDS TSB BANK PLC

Created 19/07/2000Registered 22/07/2000
charge
outstanding

LLOYDS TSB BANK PLC

Created 20/04/2000Registered 29/04/2000
charge
outstanding

LLOYDS TSB BANK PLC

Created 30/09/1999Registered 06/10/1999
charge
satisfied

LLOYDS TSB BANK PLC

Created 23/09/1999Registered 28/09/1999Satisfied 09/06/2021
charge
outstanding

LLOYDS TSB BANK PLC

Created 10/08/1999Registered 11/08/1999
charge
outstanding

LLOYDS BANK PLC

Created 21/06/1999Registered 23/06/1999
charge
outstanding

LLOYDS BANK PLC

Created 17/05/1999Registered 20/05/1999
charge
satisfied

LLOYDS BANK PLC

Created 17/05/1999Registered 19/05/1999Satisfied 19/02/2025
charge
outstanding

LLOYDS BANK PLC

Created 16/04/1999Registered 24/04/1999
charge
outstanding

LLOYDS BANK PLC

Created 04/12/1998Registered 18/12/1998

CompanyRankvs 663+ SIC 45320 peers
70

Financial strength99th percentile among SIC peers · 25/25
Employees35th percentile among SIC peers · 5/15
LiquidityCurrent ratio 47.79× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees5/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2024

Net Worth

£3.3M

Balance sheet strength

Cash

£535k

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£1.3M

Current Liabilities

£27k

Fixed Assets

£2.1M

Debtors

£733k

1avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
202447.79-£41k
202321.40+£169k
202224.68+£127k
202120.19+£131k
202016.60+£131k
201911.61+£139k
20189.21

Derived from filed accounts. Not audited figures.