Preferential Ltd
10315667
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 05/08/2016
DIRECTOR
BRITISH · ENGLAND · Age 55
Also on 31 other boards
Persons with Significant Control
Mr Karan Singh Gulati
British · England · Age 55
71-75, Shelton Street, London, WC2H 9JQ
Notified 04/08/2017
Charges1 outstanding
SUMMIT INVESTMENT LIMITED
CompanyRankvs 120507+ SIC 68100 peers26
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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 31/08/2024
Net Worth
-£468k
Balance sheet strength
Cash
£20k
Cash in the bank
Net Current Assets
-£1.8M
Working capital
Current Assets
£968k
Current Liabilities
£2.8M
Debtors
£949k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.35 | -£4k |
| 2023 | 0.55 | -£537k |
| 2022 | 0.99 | +£0 |
| 2021 | 0.99 | +£47k |
| 2020 | 1.60 | +£55k |
| 2019 | 1.60 | +£0 |
| 2018 | 1.60 | — |
Derived from filed accounts. Not audited figures.