T42 Limited
04307409
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/10/2024
unaudited abridged
Next accounts due
31/07/2026
Confirmation statement
Last: 19/10/2025
Due 02/11/2026
Industry
Officers
director · Since 19/10/2001
SALESMAN
BRITISH · ENGLAND · Age 48
Also on 2 other boards
Former
director · Resigned 09/02/2007
secretary · Resigned 02/08/2017
Persons with Significant Control
Mr Raj Rasiklal Bathia
British · England · Age 48
Unit P Horace Building, 364 Queenstown Road, London, SW8 4NH
Notified 06/04/2016
Charges1 outstanding
HSBC BANK PLC
NATIONAL WESTMINSTER BANK PLC
THAMES CRUISES LIMITED
HSBC BANK PLC
CHELSEA BRIDGE WHARF (BLOCK P) LIMITED
THAMES CRUISES LIMITED
HSBC BANK PLC
HSBC BANK PLC
Change History
Active
Private Limited Company
UNIT P HORACE BUILDING
LONDON
CompanyRankvs 628+ SIC 47110 peers76
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/10/2024
Net Worth
£1.3M
Balance sheet strength
Cash
£723k
Cash in the bank
Net Current Assets
£645k
Working capital
Current Assets
£1.6M
Current Liabilities
£952k
Fixed Assets
£716k
Debtors
£480k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.68 | +£283k |
| 2023 | 1.15 | +£264k |
| 2022 | 0.89 | +£344k |
| 2021 | 0.90 | +£13k |
| 2020 | 0.92 | +£100k |
| 2019 | 0.85 | +£11k |
| 2018 | 0.62 | — |
Derived from filed accounts. Not audited figures.