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Purple World Limited

05346805

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

UNIT 10 EVOLUTION WYNYARD BUSINESS PARK, BILLINGHAM, TS22 5TB
Incorporated 28/01/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56102
Unlicensed restaurants and cafes

Officers

Mr Mike Racz

director · Since 10/12/2015

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 30 other boards

Mr Arvinder Singh Salariya

director · Since 10/12/2015

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 20 other boards

Persons with Significant Control

Mr Arvinder Singh Salariya

Significant control

British · England · Age 61

Unit 10 Evolution, Wynyard Business Park, Billingham, TS22 5TB

Notified 06/04/2016

Mr Mike Racz

Significant control
significant-influence-or-control-as-trust

British · England · Age 44

Unit 10 Evolution, Wynyard Business Park, Billingham, TS22 5TB

Notified 01/07/2016

Red & Racz Ltd

75–100% shares

Unit 10 Evolution, Wynyard Business Park, Billingham, TS22 5TB

Reg: 09807977 · England & Wales · Private Limited Company

Notified 01/07/2016

Charges0 outstanding

Charge
satisfied

SANTANDER UK PLC

Created 29/04/2019Registered 07/05/2019Satisfied 14/01/2025
charge
satisfied

HSBC BANK PLC

Created 01/06/2010Registered 02/06/2010Satisfied 02/05/2019
charge
satisfied

CLYDESDALE BANK PLC

Created 10/06/2007Registered 23/06/2007Satisfied 15/03/2011
charge
satisfied

HSBC BANK PLC

Created 02/08/2005Registered 05/08/2005Satisfied 02/05/2019

CompanyRankvs 14737+ SIC 56102 peers
40

Financial strength18th percentile among SIC peers · 5/25
Employees36th percentile among SIC peers · 5/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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14737Purple World Limited
40
How is this score calculated?
Financial strength5/25 pts

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

Employees5/15 pts

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

Liquidity0/20 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

-£16k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£16k

Working capital

Current Assets

—

Current Liabilities

£16k

2avg. employees

Balance Sheet

Assets less current liabilities-£16k
Prepared with IRIS Accounts Production

EstimatesDerived

YearImplied Profit
2024+£0
2023+£0
2022+£0
2021+£0
2020+£0
2019+£0

Derived from filed accounts. Not audited figures.