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Praveet Ltd

06419611

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

THE COACH HOUSE, COLCHESTER, CO3 3BT
Incorporated 06/11/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

10612
Manufacture of breakfast cereals and cereals-based food

Officers

Preet Singh Grewal

secretary · Since 06/11/2007

British

Preet Singh Grewal

director · Since 06/11/2007

British

Praveen Kumar Vijh

director · Since 06/11/2007

British

Former

Form 10 Secretaries Fd Ltd

corporate nominee secretary · Resigned 07/11/2007

Form 10 Directors Fd Ltd

corporate nominee director · Resigned 07/11/2007

CompanyRankvs 100+ SIC 10612 peers
84

Financial strength91th percentile among SIC peers · 23/25
Employees72th percentile among SIC peers · 11/15
LiquidityCurrent ratio 284.95× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

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

Employees11/15 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 31/12/2024

Net Worth

£416k

Balance sheet strength

Cash

£16k

Cash in the bank

Net Current Assets

£416k

Working capital

Current Assets

£417k

Current Liabilities

£1k

Debtors

£2k

2avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
2024284.95-£5k
2023318.52-£86k
202267.63

Derived from filed accounts. Not audited figures.