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Parmar Financial Services Limited

04927951

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

HARWOODS HOUSE, ASHORNE, CV35 0AA
Incorporated 09/10/2003

Compliance

Last accounts

31/10/2025

micro entity

Next accounts due

31/07/2027

On track

Confirmation statement

Last: 09/10/2025

Due 23/10/2026

On track

Industry

66220
Activities of insurance agents and brokers

Officers

Pravina Parmar

secretary · Since 09/10/2003

BRITISH

Also on 1 other board

Mr Harshad Parmar

director · Since 09/10/2003

DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 7 other boards

Persons with Significant Control

Mr Harshad Parmar

Significant control
significant-influence-or-control-as-firm

British · England · Age 64

04927951 - Companies House Default Address, Cardiff, CF14 8LH

Notified 09/10/2016

Charges0 outstanding

charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 28/09/2006Registered 30/09/2006Satisfied 03/02/2023
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 08/08/2005Registered 25/08/2005Satisfied 07/02/2021
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 12/08/2005Registered 16/08/2005Satisfied 10/02/2021

CompanyRankvs 2179+ SIC 66220 peers
62

Financial strength87th percentile among SIC peers · 22/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.48× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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2179Parmar Financial Services Limited
62
How is this score calculated?
Financial strength22/25 pts

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

Employees8/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 31/10/2025

Net Worth

£247k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£143k

Working capital

Current Assets

£131k

Current Liabilities

£275k

Fixed Assets

£391k

2avg. employees

Balance Sheet

Assets less current liabilities£247k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20250.48+£19k
20240.39+£49k
20230.22—

Derived from filed accounts. Not audited figures.