Prachand Limited
07410204
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 18/10/2010
PHARMACIST DIRECTOR
BRITISH · ENGLAND · Age 69
Also on 4 other boards
director · Since 18/10/2010
DIRECTOR
BRITISH · UNITED KINGDOM · Age 73
Also on 1 other board
Persons with Significant Control
Mr Chandrakant Himatlal Sheth
British · England · Age 69
98, Kenmore Avenue, Harrow, HA3 8PN
Notified 18/10/2016
Mr Pradip Himatlal Sheth
British · United Kingdom · Age 73
98, Kenmore Avenue, Harrow, HA3 8PN
Notified 18/10/2016
CompanyRankvs 4435+ SIC 64209 peers70
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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 31/10/2024
Net Worth
£40k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£40k
Working capital
Current Assets
£49k
Current Liabilities
£9k
Fixed Assets
£32
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 5.33 | +£445 |
| 2023 | 1.85 | +£14k |
| 2022 | 1.57 | — |
Derived from filed accounts. Not audited figures.