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Petroplastics & Chemicals Limited

01145604

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

4 SADDLERS CLOSE, PINNER, HA5 4BA
Incorporated 15/11/1973

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46750
Wholesale of chemical products

Officers

Mr Amit Chandaria

secretary · Since 10/05/2001

BRITISH · Age 53

Also on 2 other boards

Mr Nyalchand Chandaria

director · Since 10/05/2001

DIRECTOR

BRITISH · ENGLAND · Age 85

Also on 9 other boards

Persons with Significant Control

Petroplastics & Chemicals Holdings Limited

75–100% shares
75–100% votes

4, Saddlers Close, Pinner, HA5 4BA

Reg: 14164834 · Companies House · Private Company Limited By Shares

Notified 26/07/2022

Former PSCs

Mr Nemu Chandaria

Ceased 26/07/2022

Mr Nyalchand Chandaria

Ceased 26/07/2022

Scenic Holdings Limited

Ceased 26/07/2022

Mangal Property Limited

Ceased 26/07/2022

Charges0 outstanding

charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 04/05/2010Registered 14/05/2010Satisfied 25/11/2015
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 22/02/2010Registered 02/03/2010Satisfied 25/11/2015
charge
satisfied

FORTIS BANK SA-NV

Created 15/06/2006Registered 20/06/2006Satisfied 21/04/2010
charge
satisfied

FORTIS BANK SA-NV

Created 19/05/2006Registered 25/05/2006Satisfied 21/04/2010
charge
satisfied

FORTIS BANK SA-NV

Created 27/03/2006Registered 04/04/2006Satisfied 21/04/2010
charge
satisfied

FORTIS BANK SA-NV

Created 27/03/2006Registered 29/03/2006Satisfied 21/04/2010
charge
satisfied

FORTIS BANK SA-NV

Created 10/03/2006Registered 25/03/2006Satisfied 21/04/2010
charge
satisfied

BELGOLAISE SA

Created 03/11/2000Registered 04/11/2000Satisfied 02/04/2007
charge
satisfied

BELGOLAISE S.A.

Created 26/09/2000Registered 30/09/2000Satisfied 02/04/2007
charge
satisfied

BELGOLAISE S.A.

Created 07/09/2000Registered 08/09/2000Satisfied 19/06/2006
charge
satisfied

BANQUE BELGO-ZAIROISE SA

Created 04/12/1990Registered 10/12/1990Satisfied 19/08/2000
charge
satisfied

EAGLE STAR INSURANCE CO LIMITED.

Created 29/09/1989Registered 04/10/1989Satisfied 02/04/2007
charge
satisfied

BANQUE BELGO-ZAIROISE S.A.

Created 21/04/1988Registered 22/04/1988Satisfied 11/08/2000
charge
satisfied

BANK OF CREDIT & COMMERCE INTERNATIONAL SOCIETYANONYME LICENSED DEPOSIT TAKER.

Created 07/08/1984Registered 16/08/1984Satisfied 19/08/2000

CompanyRankvs 119+ SIC 46750 peers
83

Financial strength93th percentile among SIC peers · 23/25
Employees66th percentile among SIC peers · 10/15
LiquidityCurrent ratio 7.94× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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90
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119Petroplastics & Chemicals Limited
83
How is this score calculated?
Financial strength23/25 pts

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

Employees10/15 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.

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

Key FinancialsYear ending 31/12/2020

Net Worth

£1.5M

Balance sheet strength

Cash

£127k

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£1.5M

Current Liabilities

£184k

Fixed Assets

£281k

Debtors

£1.3M

Profit After Tax

£64k

2avg. employees

Balance Sheet

Assets less current liabilities£1.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20207.94+£64k
20193.81-£136k
20184.53-£112k
20173.14—

Derived from filed accounts. Not audited figures.