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Padda Retail Limited

06703402

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

1 COLONADE, MANSFIELD, NG20 8BL
Incorporated 22/09/2008

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 22/09/2025

Due 06/10/2026

On track

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mrs Rajbir Kaur Padda

secretary · Since 22/09/2008

Mr Harvinder Singh Padda

director · Since 22/09/2008

DIRECTOR

BRITISH · ENGLAND · Age 47

Persons with Significant Control

Mr Harvinder Singh Padda

25–50% shares

British · England · Age 47

1, Colonade, Mansfield, NG20 8BL

Notified 06/04/2016

Mrs Rajbir Kaur Padda

25–50% shares
25–50% votes
Appoint directors

British · England · Age 47

1, Colonade, Mansfield, NG20 8BL

Notified 22/09/2016

Charges0 outstanding

charge
satisfied

LLOYDS TSB BANK PLC

Created 09/03/2012Registered 21/03/2012Satisfied 12/09/2012
charge
satisfied

LLOYDS TSB BANK PLC

Created 09/03/2012Registered 10/03/2012Satisfied 12/09/2012
charge
satisfied

LLOYDS TSB BANK PLC

Created 03/02/2012Registered 07/02/2012Satisfied 12/09/2012

CompanyRankvs 106+ SIC 47110 peers
89

Financial strength99th percentile among SIC peers · 25/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.32× · 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 strength25/25 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.

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 30/11/2024

Net Worth

£985k

Balance sheet strength

Cash

£498k

Cash in the bank

Net Current Assets

£595k

Working capital

Current Assets

£1.0M

Current Liabilities

£451k

Fixed Assets

£409k

Debtors

£526k

15avg. employees

Balance Sheet

Intangible assets£22k
Assets less current liabilities£1.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.32+£67k
20233.29+£184k
20223.60-£83k
20214.55+£270k
20201.40+£356k
20190.57+£84k
20180.22

Derived from filed accounts. Not audited figures.