Avad Group Limited
01431059
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 15/02/1991
DIRECTOR
BRITISH · ENGLAND · Age 69
Also on 14 other boards
director · Since 15/02/1991
DIRECTOR
BRITISH · ENGLAND · Age 77
Also on 8 other boards
Persons with Significant Control
Mr Pinakin Thakorbhai Patel
British · England · Age 69
Avad House, Belvue Road, Northolt, UB5 5HY
Notified 06/04/2016
Mr Surendra Thakorbhai Patel
British · England · Age 77
Avad House, Northolt Industrial Estate, UB5 5HY
Notified 01/07/2024
Charges1 outstanding
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CompanyRankvs 214+ SIC 18130 peers53
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Presentation currency The company's financial statements are presented in sterling. Going concern In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the com
Key FinancialsYear ending 30/06/2025
Net Worth
£459k
Balance sheet strength
Cash
£204
Cash in the bank
Net Current Assets
-£325k
Working capital
Current Assets
£1.2M
Current Liabilities
£1.5M
Fixed Assets
£784k
Debtors
£1.2M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.79 | +£0 |
| 2025 | 0.79 | +£1k |
| 2024 | 0.91 | +£2k |
| 2023 | 0.96 | -£7k |
| 2022 | 0.94 | -£22k |
| 2021 | 0.99 | +£52k |
| 2020 | 1.11 | +£25k |
| 2019 | 0.95 | +£27k |
| 2018 | 0.88 | — |
Derived from filed accounts. Not audited figures.