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08016379

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

ACCOUNTANCY SOLUTIONS, OFFICE 5 MANSFIELD BUSINESS CENTRE, MANSFIELD, NG18 2AE
Incorporated 02/04/2012

Compliance

Last accounts

28/02/2025

micro entity

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 03/02/2026

Due 17/02/2027

On track

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Jeiten Bhimji Panchani

director · Since 01/02/2021

DIRECTOR

BRITISH · ENGLAND · Age 39

Sujata Jeiten Patel Panchani

director · Since 01/02/2021

DIRECTOR

BRITISH · ENGLAND · Age 38

Persons with Significant Control

Jeiten Bhimji Panchani

75–100% shares
75–100% votes
Appoint directors

British · England · Age 39

Accountancy Solutions, Office 5, Mansfield Business Centre, Mansfield, NG18 2AE

Notified 01/02/2021

Former PSCs

Sujata Jeiten Patel Panchani

Ceased 28/02/2026

CompanyRankvs 4277+ SIC 47110 peers
56

Financial strength92th percentile among SIC peers · 23/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.33× · 2/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s

Key FinancialsYear ending 28/02/2026

Net Worth

£145k

Balance sheet strength

Cash

£48k

Cash in the bank

Net Current Assets

-£236k

Working capital

Current Assets

£117k

Current Liabilities

£353k

Fixed Assets

£381k

6avg. employees+3

Balance Sheet

Intangible assets£12k
Assets less current liabilities£145k
Signed by Mr J Panchani,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20260.33+£7k
20250.55-£30k
20240.55+£4k
20230.88

Derived from filed accounts. Not audited figures.