Back to search

Prasath Ltd

09105928

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

52 A LOWGATES, CHESTERFIELD, S43 3TU
Incorporated 27/06/2014

Compliance

Last accounts

31/08/2024

unaudited abridged

Next accounts due

30/05/2026

On track

Confirmation statement

Last: 19/03/2025

Due 02/04/2026

Overdue

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating
68100
Buying and selling of own real estate

Officers

Mr Prasath Balakrishnan

director · Since 27/06/2014

BUSINESSMAN

SRI LANKAN · ENGLAND · Age 43

Persons with Significant Control

Mr Prasath Balakrishnan

75–100% shares

Sri Lankan · England · Age 43

60, Lowgates, Chesterfield, S43 3TU

Notified 01/07/2016

Charges1 outstanding

Charge
outstanding

BANK OF CEYLON (UK) LIMITED

Created 27/06/2025Registered 02/07/2025

CompanyRankvs 8641+ SIC 47110 peers
45

Financial strength84th percentile among SIC peers · 21/25
Employees33th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.25× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength21/25 pts

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

Employees5/15 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.

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 31/08/2025

Net Worth

£67k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

£97k

Working capital

Current Assets

£33k

Current Liabilities

£130k

Fixed Assets

£293k

Debtors

£17k

2avg. employees-2

Tax at Year End(2023)

Corp tax£5k
VAT£1k

Director Loans(2023)

Directors owe company£38k

Balance Sheet

Intangible assets£105k
Assets less current liabilities£196k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.25+£10k
20240.47-£7k
20230.77+£45k£29k
20220.66+£16k
20211.02-£2k
20201.13+£4k
20191.19-£490
20183.75

Derived from filed accounts. Not audited figures.