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Platinum One Limited

05917708

active
ltd
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

11 Greens End, Woolwich, London, SE18 6HX
Incorporated 29/08/2006

Compliance

Last accounts

28/02/2025

total exemption full

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 29/08/2026

Due 12/09/2027

On track

Industry

49320
Taxi operation

Officers

Jagtar Cheema

director · Since 29/08/2006

British · England · Age 58

Former

Aspirations Secretaries Limited

corporate secretary · Resigned 30/06/2020

Persons with Significant Control

Mr Jagtar Cheema

75–100% shares
75–100% votes

British · England · Age 58

11c Greens End, Woolwich, SE18 6HX

Notified 06/04/2016

Platinum One Holdings Limited

75–100% shares
75–100% votes

Unit C7, Spectrum Business Centre, Rochester, ME2 4NP

Reg: 05982898 · 05982898 · Limited Liability Company (Limited By Shares)

Notified 06/04/2016

Change History

statusactive
2026-06-10

Active

typeltd
2026-06-10

Private Limited Company

address line111 Greens End
2026-06-10

11 GREENS END

post townLondon
2026-06-10

LONDON

CompanyRankvs 5637+ SIC 49320 peers
37

Financial strength2th percentile among SIC peers · 1/25
Employees93th 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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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 RatioImplied ProfitEst. Revenue
20250.05-£29k£55k
20240.09-£6k£55k
20230.19£92k

Derived from filed accounts. Not audited figures.