Padwicks Travel (Wembley) Limited

01592708

active

Private Limited Company

england wales

Companies House

Health Score

66 / 100

Some Concerns

30/30

Filing

0/30

Financial

36/40

Risk

Current liabilities exceed current assets (-10)
Going concern doubt noted in accounts (-10)
2 outstanding charges (-4)

Details

523 HIGH ROAD, MIDDLESEX, HA0 2DH

Incorporated 21/10/1981

Compliance

Last accounts

31/12/2024

group

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 31/03/2026

Due 14/04/2027

On track

Industry

79110

Travel agency activities

Officers

Mrs Pramilaben Patel

secretary · Since 30/11/1991

BRITISH · UNITED KINGDOM · Age 73

Also on 3 other boards

Mrs Pramilaben Patel

director · Since 30/11/1991

TRAVEL AGENT

BRITISH · UNITED KINGDOM · Age 73

Also on 3 other boards

Mr Rashmikant Patel

director · Since 30/11/1991

TRAVEL AGENT

BRITISH · UNITED KINGDOM · Age 71

Also on 1 other board

Persons with Significant Control

Mr Rashmikant Patel

25–50% shares

25–50% votes

British · England · Age 71

523, High Road, Middlesex, HA0 2DH

Notified 06/04/2016

Mrs Pramilaben Patel

25–50% shares

25–50% votes

British · England · Age 73

26 Fairgreen, 26 Fairgreen, Barnet, EN4 0QS

Notified 07/09/2016

Charges2 outstanding

Charge

outstanding

PUNJAB NATIONAL BANK (INTERNATIONAL) LIMITED

Created 18/12/2023Registered 29/12/2023

Charge

outstanding

PUNJAB NATIONAL BANK (INTERNATIONAL) LIMITED

Created 18/12/2023Registered 21/12/2023

Charge

satisfied

BANK OF BARODA (UK) LIMITED, 2 EALING ROAD, WEMBLEY, MIDDLESEX, HA0 4TL

Created 19/04/2021Registered 27/04/2021Satisfied 19/12/2023

Charge

satisfied

BANK OF BARODA (UK) LIMITED, 32 CITY ROAD, LONDON EC1Y 2BD

Created 30/11/2020Registered 11/12/2020Satisfied 19/12/2023

Charge

satisfied

BANK OF BARODA

Created 27/10/2017Registered 30/10/2017Satisfied 19/12/2023

Charge

satisfied

BANK OF BARODA

Created 05/08/2015Registered 20/08/2015Satisfied 19/12/2023

Charge

satisfied

BANK OF BARODA

Created 20/07/2015Registered 05/08/2015Satisfied 19/12/2023

Charge

satisfied

BANK OF BARODA

Created 29/06/2015Registered 14/07/2015Satisfied 19/12/2023

Charge

satisfied

BANK OF BARODA

Created 29/06/2015Registered 14/07/2015Satisfied 19/12/2023

Charge

satisfied

BANK OF BARODA

Created 29/06/2015Registered 14/07/2015Satisfied 19/12/2023

Charge

satisfied

BANK OF BARODA

Created 29/06/2015Registered 14/07/2015Satisfied 19/12/2023

Charge

satisfied

BANK OF BARODA

Created 29/06/2015Registered 14/07/2015Satisfied 19/12/2023

Charge

satisfied

BANK OF BARODA

Created 29/06/2015Registered 14/07/2015Satisfied 19/12/2023

Charge

satisfied

BANK OF BARODA

Created 29/06/2015Registered 14/07/2015Satisfied 19/12/2023

Charge

satisfied

BANK OF BARODA

Created 29/06/2015Registered 14/07/2015Satisfied 19/12/2023

Charge

satisfied

BANK OF BARODA

Created 29/06/2015Registered 14/07/2015Satisfied 19/12/2023

Charge

satisfied

BANK OF BARODA

Created 29/06/2015Registered 14/07/2015Satisfied 19/12/2023

Charge

satisfied

BANK OF BARODA

Created 29/06/2015Registered 14/07/2015Satisfied 19/12/2023

Charge

satisfied

BANK OF BARODA

Created 29/06/2015Registered 10/07/2015Satisfied 19/12/2023

charge

satisfied

BANK OF BARODA

Created 26/10/2012Registered 30/10/2012Satisfied 27/08/2015

charge

satisfied

BANK OF BARODA

Created 10/10/2012Registered 29/10/2012Satisfied 27/08/2015

charge

satisfied

BANK OF BARODA

Created 10/10/2012Registered 29/10/2012Satisfied 27/08/2015

charge

satisfied

BANK OF BARODA

Created 19/03/2012Registered 05/04/2012Satisfied 27/08/2015

charge

satisfied

BANK OF BARODA

Created 11/03/2011Registered 15/03/2011Satisfied 27/08/2015

charge

satisfied

BANK OF BARODA

Created 14/07/2009Registered 04/08/2009Satisfied 27/08/2015

charge

satisfied

BANK OF BARODA

Created 14/07/2009Registered 04/08/2009Satisfied 27/08/2015

charge

satisfied

BANK OF BARODA

Created 29/06/2009Registered 28/07/2009Satisfied 19/12/2023

charge

satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 04/07/2005Registered 07/07/2005Satisfied 16/09/2009

charge

satisfied

HABIB BABK AG ZURICH

Created 05/02/2001Registered 23/02/2001Satisfied 16/09/2009

charge

satisfied

BARCLAYS BANK PLC

Created 12/10/1999Registered 20/10/1999Satisfied 16/09/2009

charge

satisfied

HABIB BANK AG ZURICH

Created 15/12/1998Registered 23/12/1998Satisfied 16/09/2009

charge

satisfied

FIRST NATIONAL BANK PLC

Created 21/11/1996Registered 06/12/1996Satisfied 16/09/2009

charge

satisfied

BARCLAYS BANK PLC

Created 04/05/1994Registered 11/05/1994Satisfied 03/08/2015

charge

satisfied

BARCLAYS BANK PLC

Created 19/10/1993Registered 04/11/1993Satisfied 17/09/1994

charge

satisfied

BARCLAYS BANK PLC

Created 30/09/1993Registered 14/10/1993Satisfied 03/08/2015

charge

satisfied

BARCLAYS BANK PLC

Created 13/08/1992Registered 20/08/1992Satisfied 03/08/2015

charge

satisfied

BARCLAYS BANK PLC

Created 04/08/1992Registered 10/08/1992Satisfied 03/08/2015

charge

satisfied

BARCLAYS BANK PLC

Created 05/05/1992Registered 14/05/1992Satisfied 16/09/2009

charge

satisfied

BARCLAYS BANK PLC

Created 29/11/1991Registered 09/12/1991Satisfied 16/09/2009

charge

satisfied

BARCLAYS BANK PLC

Created 30/06/1987Registered 06/07/1987Satisfied 16/09/2009

charge

satisfied

BARCLAYS BANK PLC

Created 11/02/1986Registered 26/02/1986Satisfied 16/09/2009

charge

satisfied

BARCLAYS BANK PLC

Created 11/02/1986Registered 25/02/1986Satisfied 16/09/2009

charge

satisfied

BARCLAYS BANK PLC

Created 26/03/1984Registered 12/04/1984Satisfied 03/08/2015

CompanyRankvs 105+ SIC 79110 peers
70

Financial strength100th percentile among SIC peers · 25/25

Employees99th percentile among SIC peers · 15/15

LiquidityCurrent ratio 2.55× · 20/20

Longevity15 years trading (max 15) · 15/15

Filing complianceAll filings up to date · 15/15

Going concern doubt -10Outstanding charges -10

Show leaderboard

90

2Inter School Travel Limited

90

3Canterbury Travel (London) Limited

90

4Agiito Limited

90

5Scott'S Travel (London) Limited

90

6Nimar Travel Limited

90

7Atlantis Travel Of London Limited

90

8Holmes Travel Limited

90

9Padwicks Travel (Wembley) Limited

90

10Ealing Travel Services Limited

90

How is this score calculated?

Financial strength25/25 pts

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

Employees15/15 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

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

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Net Worth

£10.2M

Balance sheet strength

Cash

£67k

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£1.8M

Current Liabilities

£702k

Fixed Assets

£16.4M

Debtors

£1.7M

Profit After Tax

£277k

45avg. employees+9

Tax at Year End

Corp tax£1k

Director Loans(2018)

Company owes directors£221k

People Costs(2020)

Wages & salaries£854k

NI contributions£74k

Balance Sheet

Bank loans & overdrafts£165k

Assets less current liabilities£17.5M

Prepared with IRIS Accounts Production

EstimatesDerived

Year	Current Ratio	Implied Profit	Est. Revenue
2024	2.55	+£2k	—
2023	1.91	+£165k	—
2022	1.51	-£134k	—
2021	2.45	+£14k	—
2020	0.85	+£1.3M	—
2019	0.35	+£5k	—
2018	0.60	—	£1.2M

Derived from filed accounts. Not audited figures.