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Patel Associates Limited

04543924

active
Private Limited Company
england wales
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)
  • Negative net worth (-10)

Details

42 BULLESCROFT ROAD, MIDDLESEX, HA8 8RW
Incorporated 24/09/2002

Compliance

Last accounts

30/09/2025

micro entity

Next accounts due

30/06/2027

On track

Confirmation statement

Last: 26/08/2025

Due 09/09/2026

On track

Industry

69201
Accounting and auditing activities
69203
Tax consultancy

Officers

Mr Arvind Patel

secretary · Since 01/10/2002

CERTIFIED ACCOUNTANT

BRITISH · ENGLAND · Age 64

Also on 3 other boards

Mrs Bhanbai Patel

director · Since 01/10/2002

CIVIL SERVANT

BRITISH · ENGLAND · Age 59

Also on 1 other board

Persons with Significant Control

Mr Arvind Patel

25–50% shares

British · England · Age 64

42 Bullescroft Road, Middlesex, HA8 8RW

Notified 06/04/2016

Mrs Bhanbai Patel

25–50% shares

British · England · Age 59

42 Bullescroft Road, Middlesex, HA8 8RW

Notified 06/04/2016

CompanyRankvs 24870+ SIC 69201 peers
46

Financial strength2th percentile among SIC peers · 1/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.59× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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24870Patel Associates Limited
42
How is this score calculated?
Financial strength1/25 pts

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

Employees9/15 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.

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

Key FinancialsYear ending 30/09/2024

Net Worth

-£47k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£47k

Working capital

Current Assets

£67k

Current Liabilities

£114k

Fixed Assets

£183

2avg. employees

Balance Sheet

Assets less current liabilities-£47k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20240.59-£84k
20231.25+£16k
20221.15+£6k
20211.13-£1k
20201.12+£7k
20191.07-£2k
20181.08—

Derived from filed accounts. Not audited figures.