Par16 Limited
09180167
Some Concerns
- Current liabilities exceed current assets (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 18/08/2014
DIRECTOR
BRITISH · UNITED KINGDOM · Age 63
Also on 13 other boards
Persons with Significant Control
Mr Steven John Parsons
British · United Kingdom · Age 63
Ground Floor, Unit 2 East Horton Business Park, Fair Oak, SO50 7DZ
Notified 06/04/2016
Charges3 outstanding
PARAGON BANK PLC
SHAWBROOK BANK LIMITED
SHAWBROOK BANK LIMITED
KENSINGTON MORTGAGE COMPANY LIMITED
CompanyRankvs 30699+ SIC 68100 peers55
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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 31/03/2025
Net Worth
£252k
Balance sheet strength
Cash
£16k
Cash in the bank
Net Current Assets
-£137k
Working capital
Current Assets
£292k
Current Liabilities
£429k
Fixed Assets
£1.0M
Debtors
£276k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.68 | +£150k |
| 2024 | 0.42 | +£19k |
| 2023 | 0.30 | +£73k |
| 2022 | 0.14 | +£24 |
| 2021 | 0.12 | +£4k |
| 2020 | 0.15 | +£13k |
| 2019 | 0.79 | — |
Derived from filed accounts. Not audited figures.