Patel & Chand Limited
08540491
Some Concerns
- Current liabilities exceed current assets (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 22/05/2013
DIRECTOR
BRITISH · UNITED KINGDOM · Age 58
Also on 39 other boards
Persons with Significant Control
Mr Tarsaim Chand
British · United Kingdom · Age 58
Gabrielle House, 332-336 Perth Road, Ilford, IG2 6FF
Notified 06/04/2016
Mr Rizwan Patel
British · England · Age 52
Gabrielle House, 332-336 Perth Road, Ilford, IG2 6FF
Notified 06/04/2016
Charges3 outstanding
SECURE TRUST BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 1189470+ SIC 68100 peers37
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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 31/05/2025
Net Worth
£100
Balance sheet strength
Cash
£289k
Cash in the bank
Net Current Assets
-£338k
Working capital
Current Assets
£554k
Current Liabilities
£893k
Debtors
£266k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.62 |
| 2025 | 0.62 |
| 2024 | 0.66 |
| 2023 | 0.79 |
| 2022 | 0.65 |
| 2021 | 0.64 |
| 2020 | 0.60 |
| 2019 | 0.64 |
| 2018 | 0.51 |
Derived from filed accounts. Not audited figures.