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Promet Technology Limited

02298531

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

31 Chase Road, Park Royal, London, NW10 6PU
Incorporated 21/09/1988

Compliance

Last accounts

31/10/2025

total exemption full

Next accounts due

31/07/2027

On track

Confirmation statement

Last: 21/01/2026

Due 04/02/2027

On track

Industry

42990
Construction of other civil engineering projects

Officers

Mr Pravin Patel

director · Since 31/12/1991

DIRECTOR

BRITISH · ENGLAND · Age 72

Also on 2 other boards

Jaymeen Harji Hirani

secretary · Since 01/01/2008

BRITISH · Age 45

Pravin Patel

director

British · England · Age 72

Jaymeen Harji Hirani

secretary · Since 01/01/2008

British

Former

Mavji Waghji Patel

director · Resigned 31/10/1994

Pravin Patel

secretary · Resigned 31/10/1994

Mavji Waghji Patel

secretary · Resigned 31/10/2002

Harji Hirani

secretary · Resigned 31/12/2007

Change History

status → active
2026-08-20

Active

type → ltd
2026-08-20

Private Limited Company

address line1 → 31 Chase Road
2026-08-20

31 CHASE ROAD

post town → London
2026-08-20

LONDON

officer appointed → HIRANI, Jaymeen Harji
2026-08-20
officer appointed → PATEL, Pravin
2026-08-20

CompanyRankvs 313+ SIC 42990 peers
77

Financial strength93th percentile among SIC peers · 23/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.42× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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313Promet Technology Limited
87
How is this score calculated?
Financial strength23/25 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.

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

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

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s

Key FinancialsYear ending 31/10/2025

Net Worth

£1.1M

Balance sheet strength

Cash

£717k

Cash in the bank

Net Current Assets

£1.0M

Working capital

Current Assets

£1.5M

Current Liabilities

£425k

Fixed Assets

£119k

Debtors

£721k

11avg. employees-1

Balance Sheet

Assets less current liabilities£1.1M
Signed by Mr P Patel,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.42-£81k
20242.28-£72k
20232.90—

Derived from filed accounts. Not audited figures.