Principal Resolution Ltd
07787506
Some Concerns
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Kulwir Vedash
British · England · Age 55
40, Yorkland Avenue, Welling, DA16 2LF
Notified 06/04/2016
Charges2 outstanding
TOGETHER COMMERCIAL FINANCE LIMITED
TOGETHER COMMERCIAL FINANCE LIMITED
CompanyRankvs 1501+ SIC 66290 peers38
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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.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/09/2025
Net Worth
£6k
Balance sheet strength
Cash
£500
Cash in the bank
Net Current Assets
-£72k
Working capital
Current Assets
£500
Current Liabilities
£73k
Fixed Assets
£285k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.01 | +£0 |
| 2025 | 0.01 | -£37k |
| 2024 | Infinity | +£0 |
| 2023 | 0.00 | -£45k |
| 2022 | 0.00 | — |
Derived from filed accounts. Not audited figures.