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I Patel Transport Limited

10441461

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

41 CASTLETON ROAD, PRESTON, PR1 6QD
Incorporated 24/10/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

53100
Postal activities under universal service obligation

Officers

Mr Iqbal Patel

director · Since 24/10/2016

DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 1 other board

CompanyRankvs 1483+ SIC 53100 peers
38

Financial strength11th percentile among SIC peers · 3/25
Employees27th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.67× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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1483I Patel Transport Limited
33
How is this score calculated?
Financial strength3/25 pts

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

Employees4/15 pts

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

Liquidity6/20 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 31/10/2025

Net Worth

-£10k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£16k

Working capital

Current Assets

£33k

Current Liabilities

£50k

Fixed Assets

£7k

1avg. employees

Balance Sheet

Assets less current liabilities-£9k
Signed by Mr IQBAL PATEL 03/07/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.67-£14k
20240.93+£458
20230.92—

Derived from filed accounts. Not audited figures.