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Punjab Paper Converters Limited

03949982

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

LOWER WAREHOUSE SITE, DARWEN, BB3 0RP
Incorporated 17/03/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr Mohammad Arshad

director · Since 17/03/2000

MANUFACTURER OF TOILET ROLLS

BRITISH · ENGLAND · Age 63

Tazeem Arshid

director · Since 14/12/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Persons with Significant Control

Mr Mohammad Arshad

75–100% shares
75–100% votes

British · England · Age 63

Lower Warehouse Site, Lower Eccleshill Road, Darwen, BB3 0RP

Notified 17/03/2017

Charges1 outstanding

Charge
outstanding

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Created 28/09/2023Registered 04/10/2023
Charge
satisfied

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Created 02/08/2017Registered 09/08/2017Satisfied 18/09/2023
Charge
satisfied

THE NORTH WEST FUND FOR BUSINESS LOANS LP

Created 10/06/2013Registered 19/06/2013Satisfied 20/11/2018
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 22/06/2012Registered 30/06/2012Satisfied 17/10/2023
charge
satisfied

ALDERMORE INVOICE FINANCE, A DIVISION OF ALDERMORE BANK PLC

Created 22/06/2012Registered 26/06/2012Satisfied 17/10/2023
charge
satisfied

GOLDENTREE FINANCIAL SERVICES PLC

Created 22/12/2011Registered 12/01/2012Satisfied 20/03/2013
charge
satisfied

GOLDENTREE FINANCIAL SERVICES PLC

Created 22/12/2011Registered 04/01/2012Satisfied 20/03/2013
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 03/10/2000Registered 09/10/2000Satisfied 17/10/2023

CompanyRankvs 5763+ SIC 32990 peers
45

Financial strength96th percentile among SIC peers · 24/25
Employees33th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.95× · 6/20
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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How is this score calculated?
Financial strength24/25 pts

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

Employees5/15 pts

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

Liquidity6/20 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 30/09/2025

Net Worth

£3.4M

Balance sheet strength

Cash

£460k

Cash in the bank

Profit Before Tax

-£238k

Bottom line earnings

Net Current Assets

-£225k

Working capital

Current Assets

£4.2M

Current Liabilities

£4.5M

Fixed Assets

£5.2M

Debtors

£2.2M

Cost of Sales

£11.4M

Admin Expenses

£1.1M

Profit After Tax

-£122k

1avg. employees-58

Tax at Year End

Dividends paid£23k

People Costs

Wages & salaries£1.8M

Balance Sheet

Intangible assets£0
Bank loans & overdrafts£311k
Assets less current liabilities£5.0M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.95-£146k
20240.75-£283k
20230.79+£305k
20220.59+£1.5M
20210.98

Derived from filed accounts. Not audited figures.