Back to search

M.K. Patel Limited

01107687

active
Private Limited Company
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

Accounts

Up to date

Confirmation statement

Up to date

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 15631+ SIC 46900 peers
32

Financial strength7th percentile among SIC peers · 2/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.8× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
1William Croxson & Son,Limited
90
2Wightman & Parrish Limited
90
3E.W. King & Co Limited
90
4R.J.Stokes & Co. Limited
90
5Battle,Hayward And Bower,Limited
90
6Accuride International Limited
90
7Rankins Partners Limited
90
8Pritchard Patent Product Co. Limited
90
9Joseph Gleave & Son Limited
90
10James Lister & Sons Limited
90
15631M.K. Patel Limited
38
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

in England and Wales. The company's registered number and registered office address are as below: Registered number: 01107687 Registered office: 50 Somerset Road Wimbledon London SW19 5JX 2. 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

Key FinancialsYear ending 30/04/2025

Net Worth

-£20k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£20k

Working capital

Current Assets

£79k

Current Liabilities

£99k

0avg. employees

Balance Sheet

Assets less current liabilities-£20k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.80+£197
20240.79-£6k
20230.87+£202
20220.88-£1k
20210.88+£17k
20200.75-£21k
20190.89-£29k
20171.17—

Derived from filed accounts. Not audited figures.