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Parmar & Co Solicitors Limited

10205341

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

1ST FLOOR CEDAR HOUSE THE OAKS BUSINESS PARK, PRESTON, PR2 5BQ
Incorporated 28/05/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69102
Solicitors

Officers

Mr Shailesh Parmar

director · Since 28/05/2016

SOLICITOR

BRITISH · ENGLAND · Age 52

Also on 5 other boards

Persons with Significant Control

Mr Shailesh Parmar

75–100% shares
75–100% votes
Appoint directors
right-to-appoint-and-remove-directors-as-firm

British · England · Age 52

1st Floor Cedar House, The Oaks Business Park, Preston, PR2 5BQ

Notified 28/05/2016

CompanyRankvs 908+ SIC 69102 peers
78

Financial strength80th percentile among SIC peers · 20/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.9× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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908Parmar & Co Solicitors Limited
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How is this score calculated?
Financial strength20/25 pts

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

Employees13/15 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.

Longevity10/15 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.

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

Key FinancialsYear ending 31/10/2024

Net Worth

£190k

Balance sheet strength

Cash

£51k

Cash in the bank

Net Current Assets

£151k

Working capital

Current Assets

£231k

Current Liabilities

£80k

Fixed Assets

£44k

Debtors

£180k

8avg. employees+1

Tax at Year End

Corp tax£6k

Director Loans(2023)

Company owes directors£3k

Balance Sheet

Assets less current liabilities£196k
Signed by Mr Shailesh Parmar 23/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.90+£29k
20231.52+£21k
20221.92+£24k
20211.21+£8k
20202.04+£25k
20191.35+£25k
20181.18—

Derived from filed accounts. Not audited figures.