Providence Textiles Limited
08343349
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 11/07/2022
DIRECTOR
BRITISH · ENGLAND · Age 68
Also on 1 other board
Persons with Significant Control
Mr Mohammed Akram Choudhry
British · England · Age 68
49e, Highgate Road, Walsall, WS1 3JE
Notified 11/07/2022
Former PSCs
Mr Mukhtiar Singh Chhokar
Ceased 11/07/2022
CompanyRankvs 2583+ SIC 46410 peers33
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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 31/12/2021
Net Worth
-£372k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£374k
Working capital
Current Assets
£167k
Current Liabilities
£541k
Fixed Assets
£2k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2021 | 0.31 | -£14k |
| 2020 | 0.32 | -£1k |
| 2019 | 0.33 | -£80k |
| 2018 | 0.48 | — |
Derived from filed accounts. Not audited figures.