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M.K. Patel Limited

01107687

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

50 SOMERSET ROAD, WIMBLEDON, SW19 5JX
Incorporated 11/04/1973

Compliance

Last accounts

30/04/2025

micro entity

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 17/02/2026

Due 03/03/2027

On track

Industry

46900
Non-specialised wholesale trade

Officers

Mrudula Mahendra Patel

secretary · Since 28/02/1992

BRITISH · UNITED KINGDOM · Age 84

Also on 3 other boards

Mahendrakant Kanaiyalal Patel

director · Since 28/02/1992

GEMSTONE DEALER

BRITISH · UNITED KINGDOM · Age 86

Mrudula Mahendra Patel

director · Since 28/02/1992

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 84

Also on 3 other boards

Mrs Heena Patel

director · Since 12/07/2006

CHARTERED ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 62

Also on 30 other boards

Persons with Significant Control

Mahendrakant Kanaiyalal Patel

25–50% shares
25–50% votes

British · United Kingdom · Age 86

50, Somerset Road, Wimbledon, SW19 5JX

Notified 06/04/2016

Mrudula Mahendra Patel

25–50% shares
25–50% votes

British · United Kingdom · Age 84

50, Somerset Road, Wimbledon, SW19 5JX

Notified 06/04/2016

CompanyRankvs 15293+ SIC 46900 peers
32

Financial strength7th percentile among SIC peers · 2/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.75× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength2/25 pts

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

Employees4/15 pts

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

Liquidity6/20 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

Going concern doubt: -10 pts

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

Going Concern Doubt

is a private company limited by share capital, incorporated in England and Wales, registration number 01107687 . The address of its registered office is: 50 Somerset Road Wimbledon London SW19 5JX Going concern The company is dependant for its ability to continue as a going concern on the continuing support of its director. The director is confident that the business condition will improve and con

Key FinancialsYear ending 30/04/2026

Net Worth

-£24k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

£70k

Current Liabilities

£94k

0avg. employees

Balance Sheet

Assets less current liabilities-£22k
Signed by 01107687 2025-05-01 2026-04-30 01107687 2026-04-30 01107687 core:CurrentFinancialInstruments core:WithinOneYear 2026-04-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20260.75-£4k
20250.80+£197
20240.79-£6k
20230.87—

Derived from filed accounts. Not audited figures.