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Platanchoice Limited

01348780

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 10, VALE INDUSTRIAL PARK, LONDON, SW16 5BN
Incorporated 18/01/1978

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47260
Retail sale of tobacco products in specialised stores

Officers

Mr Babu Raishi Shah

director · Since 28/12/1990

DIRECTOR

BRITISH · ENGLAND · Age 81

Also on 21 other boards

Mr Rameshchandra Raishi Shah

director · Since 28/12/1990

DIRECTOR

BRITISH · ENGLAND · Age 82

Also on 3 other boards

Mr Babu Raishi Shah

secretary · Since 31/12/1996

BRITISH · ENGLAND · Age 81

Also on 21 other boards

Mr Bhavin Babu Shah

director · Since 02/05/2016

DIRECTOR

BRITISH · ENGLAND · Age 54

Mrs Bina Savla

director · Since 07/01/2021

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 2 other boards

Persons with Significant Control

Mr Babu Raishi Shah

25–50% shares

British · England · Age 81

Unit 10, Vale Industrial Park, 170 Rowan Road, London, SW16 5BN

Notified 12/09/2018

Mr Rameshchandra Raishi Shah

50–75% shares

British · England · Age 82

Unit 10, Vale Industrial Park, 170 Rowan Road, London, SW16 5BN

Notified 12/09/2018

Former PSCs

Bluelem Limited

Ceased 12/09/2018

Charges1 outstanding

charge
outstanding

THE GOVERNER AND COMPANY OF THE BANK OF SCOTLAND

Created 24/05/1990Registered 13/06/1990
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 18/04/1990Registered 24/04/1990Satisfied 08/12/2016
charge
satisfied

MEGHRAJ BANK LIMITED

Created 15/07/1988Registered 29/07/1988Satisfied 03/08/1990
charge
satisfied

MEGHRAJ AND BANK LIMITED

Created 15/07/1988Registered 29/07/1988Satisfied 03/08/1990
charge
satisfied

MEGHRAJ AND SONS LIMITED

Created 07/02/1983Registered 09/02/1983Satisfied 03/08/1990

CompanyRankvs 41+ SIC 47260 peers
74

Financial strength94th percentile among SIC peers · 24/25
Employees67th percentile among SIC peers · 10/15
LiquidityCurrent ratio 4.22× · 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 strength24/25 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.

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 30/09/2024

Net Worth

£199k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£203k

Working capital

Current Assets

£249k

Current Liabilities

£59k

Fixed Assets

£4k

3avg. employees

Balance Sheet

Assets less current liabilities£207k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20244.22-£29k
20235.90-£40k
20228.08+£20k
20216.13—

Derived from filed accounts. Not audited figures.