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I.J.Parkash Limited

00757956

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

3 THE COURTYARD FINNEY LANE, CHEADLE, SK8 3GZ
Incorporated 18/04/1963

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46410
Wholesale of textiles

Officers

Mr Rajiv Taneja

director · Since 18/04/1992

FINANCIAL DIRECTOR

BRITISH · ENGLAND

Also on 3 other boards

Ms Caroline Longworth

director · Since 07/06/2022

FINANCE DIRECTOR

BRITISH · ENGLAND

Persons with Significant Control

Ms Caroline Longworth

Significant control

British · England

Notified 09/06/2026

Former PSCs

Mrs Manju Taneja

Ceased 07/03/2023

Ms Neera Parkash

Ceased 15/01/2021

Mrs Vineeta Kochhar

Ceased 07/03/2023

Mr Rajiv Taneja

Ceased 02/06/2026

Charges3 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 30/01/2024Registered 14/02/2024
Charge
satisfied

HSBC UK BANK PLC

Created 18/01/2021Registered 29/01/2021Satisfied 20/02/2026
charge
outstanding

HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER")

Created 25/11/2008Registered 28/11/2008
charge
outstanding

HSBC BANK PLC

Created 08/08/2008Registered 13/08/2008
charge
satisfied

BANK OF INDIA

Created 17/07/2008Registered 18/07/2008Satisfied 10/02/2021

CompanyRankvs 461+ SIC 46410 peers
64

Financial strength84th percentile among SIC peers · 21/25
Employees21th percentile among SIC peers · 3/15
LiquidityCurrent ratio 3.72× · 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 strength21/25 pts

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

Employees3/15 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 31/03/2025

Net Worth

£120k

Balance sheet strength

Cash

£54k

Cash in the bank

Net Current Assets

£1.7M

Working capital

Current Assets

£2.3M

Current Liabilities

£626k

Fixed Assets

£48k

Debtors

£1.0M

0avg. employees-8

Balance Sheet

Assets less current liabilities£1.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20253.72-£1.7M
20242.30-£42k
20231.75—

Derived from filed accounts. Not audited figures.