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Patel Corner Store Limited

08827997

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

42 MARKET STREET, ABERGELE, LL22 7AA
Incorporated 31/12/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

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

Officers

Mr Brijeshkumar Popatlal Patel

director · Since 31/12/2013

MANAGER

BRITISH · UNITED KINGDOM · Age 44

Also on 1 other board

Mrs Jayshree Patel

director · Since 01/04/2017

COMPANY DIRECTOR

BRITISH · WALES · Age 41

Persons with Significant Control

Mr Brijeshkumar Popatlal Patel

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 44

42, Market Street, Abergele, LL22 7AA

Notified 06/04/2016

Mrs Jayshree Patel

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 41

42, Market Street, Abergele, LL22 7AA

Notified 10/02/2019

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 28/11/2014Registered 16/12/2014
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 17/11/2014Registered 26/11/2014

CompanyRankvs 1324+ SIC 47110 peers
68

Financial strength95th percentile among SIC peers · 24/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 3.02× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees7/15 pts

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

Liquidity20/20 pts

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

Longevity12/15 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 31/12/2024

Net Worth

£216k

Balance sheet strength

Cash

£280k

Cash in the bank

Net Current Assets

£252k

Working capital

Current Assets

£376k

Current Liabilities

£124k

Fixed Assets

£2

Debtors

£96k

3avg. employees

Balance Sheet

Intangible assets£0
Bank loans & overdrafts£54k
Assets less current liabilities£252k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20243.02+£93k
20230.66-£4k
20220.94-£6k
20211.21+£25k
20201.23-£4k
20190.55+£42k
20180.44

Derived from filed accounts. Not audited figures.