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Patels Venture Ltd

09383743

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

233 NORTHOLT ROAD, HARROW, HA2 8HN
Incorporated 12/01/2015

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 28/06/2025

Due 12/07/2026

On track

Industry

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

Officers

Mrs Priyanka Vishalkumar Patel

director · Since 10/02/2020

DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 3 other boards

Mr Pinalkumar Rameshbhai Patel

director · Since 29/10/2022

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 2 other boards

Mr Vishal Sureshchandra Patel

secretary · Since 29/10/2025

Persons with Significant Control

Mr Pinalkumar Rameshbhai Patel

25–50% shares
25–50% votes

British · England · Age 45

233, Northolt Road, Harrow, HA2 8HN

Notified 15/06/2017

Mr Vishal Sureshchandra Patel

Significant control

British · United Kingdom · Age 46

7, Brookdene Avenue, Watford, WD19 4LG

Notified 15/06/2017

Mrs Priyanka Vishalkumar Patel

25–50% shares
25–50% votes

British · England · Age 40

7, Brookdene Avenue, Watford, WD19 4LG

Notified 01/12/2020

Former PSCs

Mr Vishalkumar Kaushikkumar Patel

Ceased 15/06/2017

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 24/05/2022Registered 13/06/2022

CompanyRankvs 488+ SIC 47110 peers
74

Financial strength94th percentile among SIC peers · 24/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.06× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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488Patels Venture Ltd
84
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.

Employees14/15 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.

Longevity11/15 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

£192k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£217k

Working capital

Current Assets

£420k

Current Liabilities

£203k

Fixed Assets

£123k

14avg. employees+2

Balance Sheet

Assets less current liabilities£340k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20242.06+£56k
20232.28+£48k
20211.14+£22k
20210.96+£76k
20200.41+£14k
20190.37—

Derived from filed accounts. Not audited figures.