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Party Invitation Limited

03396775

active
Private Limited Company
england wales
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

616D GREEN LANE, ILFORD, IG3 9SE
Incorporated 03/07/1997

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 05/01/2026

Due 19/01/2027

On track

Industry

47190
Other retail sale in non-specialised stores
68209
Other letting and operating of own or leased real estate

Officers

Rukhsana Machhada

secretary · Since 03/07/1997

MANAGER

BRITISH · Age 69

Mr Aiyub Machhada

director · Since 03/07/1997

CO DIRECTOR

BRITISH · UNITED KINGDOM · Age 69

Also on 1 other board

Persons with Significant Control

Mr Aiyub Machhada

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 69

171-173 High Street North, High Street North, London, E6 1JB

Notified 03/07/2016

Mrs Rukhsana Machhada

25–50% shares
25–50% votes
Appoint directors

British · England · Age 69

171-173 High Street North, High Street North, London, E6 1JB

Notified 06/09/2022

Former PSCs

Mr Aiyub Machhada

Ceased 06/09/2022

Charges3 outstanding

Charge
outstanding

BANK OF INDIA

Created 05/01/2023Registered 26/01/2023
Charge
outstanding

BANK OF INDIA

Created 05/01/2023Registered 06/01/2023
charge
outstanding

SANTANDER UK PLC

Created 10/11/2010Registered 20/11/2010
charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 02/12/2005Registered 08/12/2005Satisfied 20/11/2025
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 27/02/2004Registered 17/03/2004Satisfied 07/01/2019
charge
satisfied

HSBC BANK PLC

Created 06/06/2002Registered 18/06/2002Satisfied 01/10/2010
charge
satisfied

MIDLAND BANK PLC

Created 06/01/1998Registered 23/01/1998Satisfied 17/03/2004
charge
satisfied

MIDLAND BANK PLC

Created 27/11/1997Registered 04/12/1997Satisfied 03/11/2005

CompanyRankvs 3236+ SIC 47190 peers
60

Financial strength100th percentile among SIC peers · 25/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.19× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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3236Party Invitation Limited
70
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.

Employees13/15 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

£4.3M

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£782k

Working capital

Current Assets

£183k

Current Liabilities

£966k

Fixed Assets

£6.7M

5avg. employees

Balance Sheet

Assets less current liabilities£5.9M
Prepared with Sage Accounts Production 23.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.19+£141k
20230.10-£42k
20220.45+£86k
20210.23+£110k
20200.20+£68k
20190.13+£83k
20180.09—

Derived from filed accounts. Not audited figures.