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Patel Newsmarket Limited

05623763

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

5A PICKARDS NEWSMARKET, WINCHESTER, SO22 6RN
Incorporated 15/11/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47290
Other retail sale of food in specialised stores

Officers

Hiren Patel

secretary · Since 15/11/2005

RETAILER

BRITISH · UNITED KINGDOM · Age 52

Also on 3 other boards

Hiren Patel

director · Since 15/11/2005

RETAILER

BRITISH · UNITED KINGDOM · Age 52

Also on 3 other boards

Mr Rameshbhai Patel

director · Since 15/11/2005

SECURITY OFFICER

BRITISH · UNITED KINGDOM · Age 77

Mr Yatin Kumar Patel

director · Since 15/11/2005

RETAILER

BRITISH · UNITED KINGDOM · Age 43

Persons with Significant Control

Mr Yatin Kumar Patel

25–50% shares
25–50% votes

British · United Kingdom · Age 43

5a, Stockbridge Road, Winchester, SO22 6RN

Notified 06/04/2016

Hiren Patel

25–50% shares
25–50% votes

British · United Kingdom · Age 52

5a, Stockbridge Road, Winchester, SO22 6RN

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 20/02/2006Registered 03/05/2007Satisfied 02/12/2015
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 20/02/2006Registered 23/02/2006Satisfied 01/12/2015

CompanyRankvs 272+ SIC 47290 peers
81

Financial strength86th percentile among SIC peers · 22/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 3.42× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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272Patel Newsmarket Limited
81
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.

Employees9/15 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.

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

3avg. employees

Tax at Year End

Corp tax£12k

Balance Sheet

Assets less current liabilities£79k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20253.42+£11k
20243.12-£4k
20233.99+£21k
20222.67-£32k
20212.87+£10k
20203.14+£116k
2019-2.28—

Derived from filed accounts. Not audited figures.