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Patel Brothers Limited

02159455

active
Private Limited Company
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

THE WEAVERS SHOP, GLOUCESTER, GL4 3BY
Incorporated 31/08/1987

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Yakub Patel

secretary · Since 31/12/1990

BRITISH · UNITED KINGDOM · Age 77

Also on 6 other boards

Mr Ibrahim Patel

director · Since 31/12/1990

CARPET RETAILER

BRITISH · UNITED KINGDOM · Age 72

Also on 2 other boards

Mr Yakub Patel

director · Since 31/12/1990

CARPET RETAILER

BRITISH · UNITED KINGDOM · Age 77

Also on 6 other boards

Mr Yusuf Patel

director · Since 31/12/1990

CARPET RETAILER

BRITISH · UNITED KINGDOM · Age 68

Also on 2 other boards

Persons with Significant Control

Mr Yakub Patel

Significant control

British · England · Age 77

The Weavers Shop, Gloucester, GL4 3BY

Notified 06/04/2016

Mr Ibrahim Patel

Significant control

British · England · Age 72

The Weavers Shop, Gloucester, GL4 3BY

Notified 06/04/2016

Mr Yusuf Patel

Significant control

British · England · Age 68

The Weavers Shop, Gloucester, GL4 3BY

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 04/03/2015Registered 07/03/2015
charge
outstanding

LLOYDS BANK PLC

Created 29/09/1995Registered 03/10/1995

CompanyRankvs 27408+ SIC 68209 peers
51

Financial strength100th percentile among SIC peers · 25/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.08× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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27408Patel Brothers Limited
71
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.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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

have considered the risks and issues concerning the company along with its activities and no material uncertainties that may cast significant doubt about the ability of the company to continue as a going concern have been identified. Turnover Turnover is measured at the fair value of the rents due for the year, excluding discounts, rebates, value added tax and other sales taxes. Investments in s

Key FinancialsYear ending 30/09/2025

Net Worth

£18.4M

Balance sheet strength

Cash

£1.1M

Cash in the bank

Net Current Assets

-£15.5M

Working capital

Current Assets

£1.3M

Current Liabilities

£16.8M

Fixed Assets

£34.6M

Debtors

£191k

3avg. employees

Tax at Year End

Corp tax£231k

Balance Sheet

Assets less current liabilities£19.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.08+£1.2M
20240.06+£4.1M
20230.12+£1.1M
20220.27+£944k
20210.18+£637k
20200.11+£577k
20190.05+£579k
20180.25—

Derived from filed accounts. Not audited figures.