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Pal (Tollgate) Ltd

09814910

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

FIRST FLOOR, NEWPORT PAGNELL, MK16 8HJ
Incorporated 08/10/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Randeep Singh Jandu

director · Since 08/10/2015

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 10 other boards

Mrs Rajinder Kaur Jandu

director · Since 20/10/2015

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 4 other boards

Persons with Significant Control

Gpal Group Limited

75–100% shares
75–100% votes

14, St. John Street, Newport Pagnell, MK16 8HJ

Reg: 15227895 · England & Wales · Private Limited Company

Notified 05/04/2024

Mr Randeep Singh Jandu

Appoint directors

British · England · Age 52

First Floor, 14 St John Street, Newport Pagnell, MK16 8HJ

Notified 05/04/2024

Former PSCs

Mrs Rajinder Kaur Jandu

Ceased 02/09/2022

Mr Randeep Jandu

Ceased 05/09/2022

Tg House Limited

Ceased 05/04/2024

Charges2 outstanding

Charge
outstanding

PP08 FINANCE LTD

Created 24/05/2024Registered 29/05/2024
Charge
outstanding

PP08 FINANCE LTD

Created 24/05/2024Registered 29/05/2024
Charge
satisfied

PUNJAB NATIONAL BANK ( INTERNATIONAL ) LIMITED

Created 21/03/2018Registered 23/03/2018Satisfied 03/04/2024
Charge
satisfied

PUNJAB NATIONAL BANK ( INTERNATIONAL ) LIMITED

Created 21/03/2018Registered 23/03/2018Satisfied 03/04/2024

CompanyRankvs 11533+ SIC 41100 peers
51

Financial strength93th percentile among SIC peers · 23/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.39× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees2/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the comp

Key FinancialsYear ending 31/12/2024

Net Worth

£994k

Balance sheet strength

Cash

£220k

Cash in the bank

Net Current Assets

£129k

Working capital

Current Assets

£221k

Current Liabilities

£93k

Fixed Assets

£2.1M

Debtors

£2k

0avg. employees

Balance Sheet

Assets less current liabilities£2.2M
Signed by Mr R Jandu,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.39+£66k
20231.53

Derived from filed accounts. Not audited figures.