Paresh'S News Limited
05723205
Healthy
No risk factors detected.
Details
Compliance
Last accounts
28/02/2025
unaudited abridged
Next accounts due
30/11/2026
Confirmation statement
Last: 19/11/2025
Due 03/12/2026
Industry
Officers
Persons with Significant Control
Mr Paresh Chhotubhai Patel
British · England · Age 70
68, Broad Street, Salford, M6 5BZ
Notified 01/01/2017
Mrs Bhavnaben Paresh Patel
British · England · Age 58
19, Chorley Old Road, Bolton, BL1 3AD
Notified 01/11/2025
CompanyRankvs 11684+ SIC 47110 peers48
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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 28/02/2025
Net Worth
£7k
Balance sheet strength
Cash
£26k
Cash in the bank
Net Current Assets
£18k
Working capital
Current Assets
—
Current Liabilities
£9k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | — | +£3k |
| 2024 | — | -£2k |
| 2023 | — | +£176 |
| 2022 | — | +£13k |
| 2021 | 1.39 | +£4k |
| 2020 | 4.72 | -£2k |
| 2019 | 0.63 | — |
Derived from filed accounts. Not audited figures.