Back to search

Parmar Property London Limited

10265844

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

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

Details

2-6 CANNING ROAD, HARROW, HA3 7RJ
Incorporated 06/07/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Nikhil Parmar

director · Since 06/07/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 80

Also on 1 other board

Mrs Tahira Malik Parmar

director · Since 06/07/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 9 other boards

Persons with Significant Control

Mrs Tahira Malik Parmar

25–50% shares

British · United Kingdom · Age 59

2-6, Canning Road, Harrow, HA3 7RJ

Notified 06/07/2016

Nikhil Parmar

25–50% shares

British · England · Age 81

2-6, Canning Road, Harrow, HA3 7RJ

Notified 06/07/2016

Charges2 outstanding

Charge
outstanding

ICICI BANK UK PLC

Created 15/11/2021Registered 29/11/2021
Charge
outstanding

ICICI BANK UK PLC

Created 15/11/2021Registered 29/11/2021
Charge
satisfied

BANK OF CYPRUS UK LIMITED

Created 09/08/2016Registered 25/08/2016Satisfied 14/10/2022

CompanyRankvs 32453+ SIC 41100 peers
45

Financial strength84th percentile among SIC peers · 21/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.47× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength21/25 pts

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

Employees7/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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.

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 31/07/2024

Net Worth

£180k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£250k

Working capital

Current Assets

£219k

Current Liabilities

£469k

Fixed Assets

£2.0M

1avg. employees

Balance Sheet

Assets less current liabilities£1.7M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.47+£15k
20230.44+£37k
20220.29+£25k
20210.33-£162
20200.41+£28k
20190.40+£155k
2018-0.42

Derived from filed accounts. Not audited figures.