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Perfect Polymer Systems Limited

02943230

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

11 FOSSE WAY, LEICESTERSHIRE, LE7 1NF
Incorporated 27/06/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

10890
Manufacture of other food products

Officers

Chhagan Govind Patel

secretary · Since 27/06/1994

FOOD TECHNOLOGIST

BRITISH · ENGLAND · Age 76

Also on 13 other boards

Chhagan Govind Patel

director · Since 27/06/1994

FOOD TECHNOLOGIST

BRITISH · ENGLAND · Age 76

Also on 13 other boards

Persons with Significant Control

Mr Hemant Chhaganbhai Patel

25–50% shares
25–50% votes

British · England · Age 44

11 Fosse Way, Syston, Leicester, LE7 1NF

Notified 21/10/2020

Mr Anand Chhaganbhai Patel

25–50% shares
25–50% votes

British · England · Age 41

225 Alnwick Road, London, SE12 9BU

Notified 01/08/2023

Former PSCs

Mr Chhagan Patel

Ceased 01/08/2023

Mrs Laxmi Chhagan Patel

Ceased 21/10/2020

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 12/02/2004Registered 24/02/2004

CompanyRankvs 1782+ SIC 10890 peers
33

Financial strength15th percentile among SIC peers · 4/25
Employees47th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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1782Perfect Polymer Systems Limited
43
How is this score calculated?
Financial strength4/25 pts

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

Employees7/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£14k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£314k

Working capital

Current Assets

£713

Current Liabilities

£315k

Fixed Assets

£300k

1avg. employees

Balance Sheet

Assets less current liabilities-£14k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00-£6k
20230.01+£8k
20220.00-£5k
20210.01-£5k
20200.01-£9k
20190.09-£10k
20180.07-£747
20170.11—

Derived from filed accounts. Not audited figures.