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Prss Limited

04605885

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

51 THE BROADWAY, MIDDLESEX, UB6 9PN
Incorporated 02/12/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47730
Dispensing chemist in specialised stores

Officers

Mr Shamir Kumar Sumantbhai Patel

director · Since 02/12/2002

CHEMIST

BRITISH · UNITED KINGDOM · Age 63

Also on 6 other boards

Mr Paaras Shamir Kumar Patel

director · Since 02/05/2024

ECONOMIST

BRITISH · UNITED KINGDOM · Age 34

Persons with Significant Control

Mr Shamir Kumar Sumantbhai Patel

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 63

51, The Broadway, Greenford, UB6 9PN

Notified 06/04/2016

Former PSCs

Mrs Seemaben Patel

Ceased 02/05/2024

Charges2 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 31/05/2019Registered 05/06/2019
Charge
outstanding

BARCLAYS BANK PLC

Created 05/03/2015Registered 09/03/2015

CompanyRankvs 247+ SIC 47730 peers
65

Financial strength85th percentile among SIC peers · 21/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.97× · 20/20
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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247Prss Limited
85
How is this score calculated?
Financial strength21/25 pts

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

Employees14/15 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.

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

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/03/2025

Net Worth

£561k

Balance sheet strength

Cash

£594k

Cash in the bank

Net Current Assets

£1.0M

Working capital

Current Assets

£1.6M

Current Liabilities

£533k

Fixed Assets

£594k

Debtors

£675k

28avg. employees+9

Tax at Year End(2023)

Corp tax£145k

Balance Sheet

Intangible assets£512k
Assets less current liabilities£1.6M
Signed by Mr Shamir Kumar Sumantbhai Patel 22 December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.97-£1.0M
20243.04-£149k
20233.73+£52k
20223.31+£148k
20212.98+£352k
20201.79-£50k
20192.76—

Derived from filed accounts. Not audited figures.