Patel Newsmarket Limited
05623763
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/01/2025
total exemption full
Next accounts due
31/10/2026
Confirmation statement
Last: 08/04/2026
Due 22/04/2027
Industry
Officers
secretary · Since 15/11/2005
RETAILER
BRITISH · UNITED KINGDOM · Age 52
Also on 3 other boards
director · Since 15/11/2005
RETAILER
BRITISH · UNITED KINGDOM · Age 52
Also on 3 other boards
Persons with Significant Control
Mr Yatin Kumar Patel
British · United Kingdom · Age 44
5a, Stockbridge Road, Winchester, SO22 6RN
Notified 06/04/2016
Hiren Patel
British · United Kingdom · Age 52
5a, Stockbridge Road, Winchester, SO22 6RN
Notified 06/04/2016
CompanyRankvs 268+ SIC 47290 peers81
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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 31/01/2025
Net Worth
£72k
Balance sheet strength
Cash
£33k
Cash in the bank
Net Current Assets
£76k
Working capital
Current Assets
£108k
Current Liabilities
£32k
Fixed Assets
£3k
Debtors
£28k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 3.42 | +£11k |
| 2024 | 3.12 | -£4k |
| 2023 | 3.99 | — |
Derived from filed accounts. Not audited figures.