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Park Scientific Ltd

01539971

active
Private Limited Company
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

24 LOW FARM PLACE, NORTHAMPTON, NN3 6HY
Incorporated 20/01/1981

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

20130
Manufacture of other inorganic basic chemicals
46750
Wholesale of chemical products

Officers

Mr Andrew William Read Lett

director · Since 31/07/2002

MANAGER

BRITISH · UNITED KINGDOM · Age 67

Also on 1 other board

Mr Sameer Bajaj

director · Since 01/09/2022

DIRECTOR

INDIAN · NETHERLANDS · Age 56

Also on 1 other board

Persons with Significant Control

Mr Andrew William Read Lett

25–50% shares
25–50% votes

British · United Kingdom · Age 67

24 Low Farm Place, Northampton, NN3 6HY

Notified 06/04/2016

Mr Sameer Bajaj

25–50% shares
25–50% votes

Indian · Netherlands · Age 56

24 Low Farm Place, Northampton, NN3 6HY

Notified 12/05/2025

Former PSCs

Biokemix Worldwide Ltd

Ceased 13/02/2025

Charges3 outstanding

charge
outstanding

GLENSTONE PROPERTY INVESTMENT LIMITED

Created 22/10/2007Registered 26/10/2007
charge
outstanding

HSBC BANK PLC

Created 10/01/2003Registered 18/01/2003
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 24/06/1992Registered 29/06/1992

CompanyRankvs 110+ SIC 20130 peers
38

Financial strength4th percentile among SIC peers · 1/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.67× · 6/20
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 strength1/25 pts

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

Employees11/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

-£172k

Balance sheet strength

Cash

£721

Cash in the bank

Net Current Assets

-£177k

Working capital

Current Assets

£355k

Current Liabilities

£532k

Fixed Assets

£7k

Debtors

£222k

4avg. employees

Balance Sheet

Bank loans & overdrafts£12k
Assets less current liabilities-£170k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.67+£0
20250.67+£4k
20240.68-£83k
20230.78

Derived from filed accounts. Not audited figures.