Minerva Plastics Ltd
07149499
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 08/02/2010
EXECUTIVE
BRITISH · UNITED KINGDOM · Age 67
Also on 1 other board
Persons with Significant Control
Mr Ashok Kumar Nathubhai Parmar
British · United Kingdom · Age 67
167-169, Great Portland Street, London, W1W 5PF
Notified 06/04/2016
Former PSCs
Mrs Sunanda Ashok Parmar
Ceased 06/04/2021
CompanyRankvs 8589+ SIC 32990 peers51
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/03/2025
Net Worth
-£46k
Balance sheet strength
Cash
£69k
Cash in the bank
Net Current Assets
-£26k
Working capital
Current Assets
£276k
Current Liabilities
£303k
Fixed Assets
£14k
Debtors
£178k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.91 | +£2k |
| 2024 | 0.99 | +£1k |
| 2023 | 1.14 | -£79k |
| 2022 | 2.06 | -£39k |
| 2021 | 1.80 | +£7k |
| 2020 | 1.56 | -£27k |
| 2019 | 1.38 | — |
Derived from filed accounts. Not audited figures.