Passtel Limited
10080938
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 23/03/2016
DIRECTOR
BRITISH · UNITED KINGDOM · Age 47
Also on 1 other board
Persons with Significant Control
Dr Paroo Mistry
British · United Kingdom · Age 47
19, Reservoir Road, London, N14 4BB
Notified 22/03/2017
Anish Anil Patel
British · England · Age 46
19, Reservoir Road, London, N14 4BB
Notified 22/03/2017
Charges1 outstanding
THE MORTGAGE WORKS (UK) PLC
CompanyRankvs 38069+ SIC 68100 peers47
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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
£22k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£52k
Working capital
Current Assets
£15k
Current Liabilities
£67k
Fixed Assets
£275k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.23 | +£10k |
| 2024 | 0.40 | +£8k |
| 2023 | 0.31 | +£6k |
| 2022 | 0.21 | — |
| 2021 | 1.06 | — |
Derived from filed accounts. Not audited figures.