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Patel & Co. Financial Accountants Ltd

07740611

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

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

No risk factors detected.

Details

362 DERBY STREET, BOLTON, BL3 6LS
Incorporated 15/08/2011

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 25/11/2025

Due 09/12/2026

On track

Industry

69201
Accounting and auditing activities

Officers

Mr Imtiaz Abdul Patel

director · Since 15/08/2011

ACCOUNTANT

BRITISH · ENGLAND · Age 50

Also on 3 other boards

Mr Mohmedarif Yusufbhai Patel

director · Since 01/01/2016

ACCOUNTANT

BRITISH · ENGLAND · Age 51

Also on 2 other boards

Persons with Significant Control

Mr Imtiaz Abdul Patel

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

British · England · Age 50

362, Derby Street, Bolton, BL3 6LS

Notified 01/09/2016

Mr Mohmedarif Yusufbhai Patel

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

British · England · Age 51

362, Derby Street, Bolton, BL3 6LS

Notified 01/09/2016

CompanyRankvs 6249+ SIC 69201 peers
74

Financial strength72th percentile among SIC peers · 18/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.18× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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6249Patel & Co. Financial Accountants Ltd
73
How is this score calculated?
Financial strength18/25 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.

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

£26k

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

£14k

Working capital

Current Assets

£96k

Current Liabilities

£81k

Fixed Assets

£39k

Debtors

£81k

9avg. employees+3

Tax at Year End

Corp tax£34k
VAT£19k

Director Loans

Company owes directors£10k

Balance Sheet

Intangible assets£15k
Assets less current liabilities£54k
Signed by Mr Imtiaz Patel 27th October 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20251.18+£3k£387k
20241.18+£18k—
20230.82—£319k
20220.86—£243k
20211.14—£243k
2019-0.82——
20180.45——

Derived from filed accounts. Not audited figures.