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Platinum One Limited

05917708

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

11 GREENS END, LONDON, SE18 6HX
Incorporated 29/08/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49320
Taxi operation

Officers

Jagtar Cheema

director · Since 29/08/2006

British

Former

Ali Syed

secretary · Resigned 01/12/2006

Aspirations Secretaries Limited

corporate secretary · Resigned 30/06/2020

Oak Credit & Finance Limited

corporate secretary · Resigned 30/08/2012

CompanyRankvs 75740+ SIC 49320 peers
37

Financial strength2th percentile among SIC peers · 1/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.05× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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7574Platinum One Limited
47
How is this score calculated?
Financial strength1/25 pts

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

Employees14/15 pts

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

Liquidity2/20 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 28/02/2025

Net Worth

-£83k

Balance sheet strength

Cash

£18

Cash in the bank

Net Current Assets

-£92k

Working capital

Current Assets

£5k

Current Liabilities

£97k

Fixed Assets

£16k

Debtors

£5k

6avg. employees

Tax at Year End

VAT£3k

Director Loans

Company owes directors£67k

Balance Sheet

Assets less current liabilities-£76k
Signed by Mr Jagtar Cheema 3 June 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioEst. Revenue
20250.05£55k

Derived from filed accounts. Not audited figures.