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Pangea Resourcing Limited

07027446

active
Private Limited Company
Companies House
Health Score
82 / 100

Healthy

30/30
Filing
20/30
Financial
32/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

85 GREAT PORTLAND STREET, LONDON, W1W 7LT
Incorporated 23/09/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

78200
Temporary employment agency activities

Officers

Mr Sanjay Ramdhonee

director · Since 16/12/2010

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 1 other board

Mr Amarveer Singh Pannu

director · Since 13/10/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Also on 13 other boards

Persons with Significant Control

Pangea International Limited

75–100% shares
75–100% votes
Appoint directors

The Warehouse, 212 New Kings Road, London, SW6 4NZ

Reg: 10987741 · England And Wales · Limited Company

Notified 07/03/2018

Former PSCs

Parallel Consulting Limited

Ceased 07/03/2018

Mr Sanjay Ramdhonee

Ceased 26/02/2020

Parallel Group Limited

Ceased 07/03/2018

Charges4 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 17/11/2023Registered 20/11/2023
Charge
outstanding

HSBC UK BANK PLC

Created 27/10/2023Registered 06/11/2023
Charge
satisfied

HSBC UK BANK PLC

Created 09/11/2020Registered 12/11/2020Satisfied 26/02/2026
Charge
outstanding

HSBC BANK PLC

Created 21/09/2017Registered 26/09/2017
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 21/09/2017Registered 21/09/2017

CompanyRankvs 3529+ SIC 78200 peers
45

Financial strength36th percentile among SIC peers · 9/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.1× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength9/25 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.

Liquidity12/20 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

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2024

Net Worth

£100

Balance sheet strength

Cash

£190k

Cash in the bank

Profit Before Tax

£435k

Bottom line earnings

Net Current Assets

£419k

Working capital

Current Assets

£4.6M

Current Liabilities

£4.1M

Fixed Assets

£43k

Debtors

£4.4M

Cost of Sales

£6.2M

Profit After Tax

£435k

43avg. employees-17

Tax at Year End

Dividends paid£17k

People Costs

Wages & salaries£3.2M

Balance Sheet

Intangible assets£43k
Assets less current liabilities£462k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20241.10
20231.00
20221.35
20211.46
20202.02

Derived from filed accounts. Not audited figures.