Parcel Network Limited
04821298
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Aaron Singh Saran
director · Since 01/10/2017
British
Former
Jaswinder Kaur
secretary · Resigned 12/10/2011
The Company Registration Agents Limited
corporate nominee secretary · Resigned 04/07/2003
Saran Jagjit
director · Resigned 10/02/2024
Jagjit Singh Saran
director · Resigned 01/10/2017
Jagjt Saran
director · Resigned 10/05/2024
Luciene James Limited
corporate nominee director · Resigned 04/07/2003
CompanyRankvs 4670+ SIC 53100 peers67
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/07/2024
Net Worth
-£2k
Balance sheet strength
Cash
£332k
Cash in the bank
Net Current Assets
£349k
Working capital
Current Assets
£398k
Current Liabilities
£48k
Fixed Assets
£253k
Debtors
£66k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 8.24 |
Derived from filed accounts. Not audited figures.