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Patel & Chand Limited

08540491

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

GABRIELLE HOUSE, ILFORD, IG2 6FF
Incorporated 22/05/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Tarsaim Chand

director · Since 22/05/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 39 other boards

Mr Rizwan Patel

director · Since 22/05/2013

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 39 other boards

Persons with Significant Control

Mr Tarsaim Chand

25–50% shares
25–50% votes

British · United Kingdom · Age 58

Gabrielle House, 332-336 Perth Road, Ilford, IG2 6FF

Notified 06/04/2016

Mr Rizwan Patel

25–50% shares
25–50% votes

British · England · Age 52

Gabrielle House, 332-336 Perth Road, Ilford, IG2 6FF

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

SECURE TRUST BANK PLC

Created 11/08/2021Registered 16/08/2021
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 26/10/2017Registered 08/11/2017
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 28/04/2017Registered 05/05/2017

CompanyRankvs 1189470+ SIC 68100 peers
37

Financial strength41th percentile among SIC peers · 10/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.62× · 6/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength10/25 pts

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

Employees3/15 pts

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

Liquidity6/20 pts

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

Longevity13/15 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

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

0avg. employees

Tax at Year End

Corp tax£16

Balance Sheet

Assets less current liabilities-£8k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20250.62
20250.62
20240.66
20230.79
20220.65
20210.64
20200.60
20190.64
20180.51

Derived from filed accounts. Not audited figures.