S. Patel Ltd
05624074
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
micro entity
Next accounts due
30/09/2026
Confirmation statement
Last: 15/11/2025
Due 29/11/2026
Industry
Officers
director · Since 22/11/2005
OPTICIAN
BRITISH · UNITED KINGDOM · Age 54
Also on 1 other board
Persons with Significant Control
Mr Sanjay Patel
British · United Kingdom · Age 54
816, Bristol Road South, Birmingham, B31 2NS
Notified 06/04/2016
Charges1 outstanding
LLOYDS TSB BANK PLC
CompanyRankvs 1714+ SIC 86900 peers75
Show leaderboard
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.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
£297k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£245k
Working capital
Current Assets
£277k
Current Liabilities
£35k
Fixed Assets
£59k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 7.80 | +£8k |
| 2023 | 10.05 | +£5k |
| 2022 | 11.03 | +£31k |
| 2021 | 5.67 | +£72k |
| 2020 | 2.83 | +£14k |
| 2019 | 5.23 | +£13k |
| 2018 | 6.41 | — |
Derived from filed accounts. Not audited figures.