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Prestige Network Limited

02440502

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

PARK VIEW HOUSE, NEWBURY, RG14 1JN
Incorporated 06/11/1989

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 04/11/2025

Due 18/11/2026

On track

Industry

74300
Translation and interpretation activities

Officers

Mr Shameem Shawn Khorassani Bsc Mbcs Ceng

director · Since 06/11/1989

DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Mrs Shohreh Khorassani

secretary · Since 06/11/1991

CO DIRECTOR

BRITISH · UNITED KINGDOM · Age 69

Also on 3 other boards

Mrs Shohreh Khorassani

director · Since 06/11/1991

CO DIRECTOR

BRITISH · UNITED KINGDOM · Age 69

Also on 3 other boards

Persons with Significant Control

Mr Shawn Khorassani

25–50% shares
25–50% votes

Iranian · England · Age 64

Park View House, 65 London Road, Newbury, RG14 1JN

Notified 06/11/2016

Mrs Shohreh Khorassani

25–50% shares
ownership-of-shares-75-to-100-percent-as-trust
ownership-of-shares-75-to-100-percent-as-firm
25–50% votes
voting-rights-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-firm
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm
significant-influence-or-control-as-trust
significant-influence-or-control-as-firm

British · United Kingdom · Age 69

Park View House, 65 London Road, Newbury, RG14 1JN

Notified 06/11/2016

Charges2 outstanding

Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 15/01/2016Registered 16/01/2016Satisfied 01/11/2025
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 01/07/2002Registered 13/07/2002
charge
outstanding

BRITEL DEVELOPMENTS (THATCHAM) LIMITED

Created 29/07/1997Registered 30/07/1997

CompanyRankvs 105+ SIC 74300 peers
80

Financial strength100th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.34× · 20/20
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 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/09/2024

Net Worth

£1.7M

Balance sheet strength

Cash

£497k

Cash in the bank

Net Current Assets

£714k

Working capital

Current Assets

£1.2M

Current Liabilities

£533k

Fixed Assets

£7.4M

Debtors

£750k

29avg. employees+1

Balance Sheet

Assets less current liabilities£8.1M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20242.34+£147k
20232.82-£15k
20222.29+£269k
20211.76+£305k
20203.91+£57k
20192.43+£225k
20181.63—

Derived from filed accounts. Not audited figures.