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Petrochem Trade Corporation Limited

04355140

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

FRONT OFFICE THIRD FLOOR, LONDON, W2 1DS
Incorporated 17/01/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Keith Norman Jackson

secretary · Since 17/01/2002

BRITISH · ENGLAND · Age 61

Also on 5 other boards

Mr Abhijeet Singh

director · Since 17/01/2002

BUSINESSMAN

INDIAN · ENGLAND · Age 54

Also on 2 other boards

Persons with Significant Control

Mr Abhijeet Singh

75–100% shares
75–100% votes

Indian · England · Age 54

Front Office Third Floor, 244 Edgware Road, London, W2 1DS

Notified 06/04/2016

CompanyRankvs 15561+ SIC 82990 peers
76

Financial strength80th percentile among SIC peers · 20/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 98.44× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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15561Petrochem Trade Corporation Limited
76
How is this score calculated?
Financial strength20/25 pts

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

Employees6/15 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.

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

Key FinancialsYear ending 30/06/2023

Net Worth

£59k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£58k

Working capital

Current Assets

£59k

Current Liabilities

£600

Fixed Assets

£38

1avg. employees

Balance Sheet

Assets less current liabilities£59k
Signed by 1.7.22Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent Ratio
202398.44

Derived from filed accounts. Not audited figures.