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Pundalik Ltd

07815669

liquidation
Private Limited Company
england wales
Companies House
1 outstanding charge
Insolvency history
Health Score
N/A

Details

PEARL ASSURANCE HOUSE, LONDON, N12 8LY
Incorporated 19/10/2011

Compliance

Last accounts

31/10/2022

micro entity

Next accounts due

31/07/2024

Overdue

Confirmation statement

Last: 31/01/2024

Due 14/02/2025

Overdue

Industry

56103
Take-away food shops and mobile food stands

Officers

Mrs Prabhuti Prasoon Patel

secretary · Since 19/10/2011

Also on 2 other boards

Mrs Prabhuti Prasoon Patel

director · Since 19/10/2011

DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Also on 2 other boards

Mr Prasoon Patel

director · Since 19/10/2011

DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Also on 2 other boards

Charges1 outstanding

A registered charge
outstanding

Papa John's (GB) Limited

Pundalik LTD (the “company”) charged to papa john’s (GB) limited (the “lender ”):. (1) by way of first legal mortgage, all registered or unregistered estates and interests in freehold and leasehold properties at the date of the debenture or thereafter owned by the company or in which the company has an interest from time to time together with all buildings, fixtures and fixed plant and machinery thereon, all easements, rights and agreements in respect thereof and the benefit of all covenants in respect thereof and the proceeds of sale of any part of that property ( “real property”); and. (2) by way of first fixed charge the following assets (wherever located) at the date of the debenture or thereafter vested in or belonging to the company or in which it from time to time has an interest:. (A) all other real property not effectively mortgaged or charged by clause 3.1 of the debenture (as set out in paragraph 1 above), together with all licences to enter upon or use such land and the proceeds of sale of all real property; and. (B) any present or future interests (whether legal or equitable, and including the benefit of all licences) relating to any registered or unregistered trade marks, patents, copyrights, design rights, domain names, business names, confidential information, know-how and other intellectual property rights together with the rights to use any of the foregoing.

Created 03/05/2017Registered 03/05/2017
A registered charge
fully satisfied

Hsbc Bank PLC

A fixed and floating charge over all assets.

Created 01/05/2015Registered 05/05/2015Satisfied 01/02/2021

Insolvency History1 case

creditors voluntary liquidation31/05/2024

Asher Miller (practitioner) · Stephen Mark Katz (practitioner)

CompanyRankvs 15+ SIC 56103 peers
22

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.27× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees0/15 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

Outstanding charges: -10 pts

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/10/2022

Net Worth

£329k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£56k

Working capital

Current Assets

£268k

Current Liabilities

£211k

Fixed Assets

£314k

33avg. employees

Tax at Year End(2021)

VAT£6k

Balance Sheet

Assets less current liabilities£371k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20221.27+£259k—
20210.20—£111k

Derived from filed accounts. Not audited figures.