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Patel And Chand Acquisitions Ltd

10683552

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • 8 outstanding charges (-10)

Details

332-336 PERTH ROAD, ILFORD, IG2 6FF
Incorporated 22/03/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Tarsaim Chand

director · Since 22/03/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 39 other boards

Mr Rizwan Patel

director · Since 22/03/2017

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 39 other boards

Persons with Significant Control

Mr Tarsaim Chand

25–50% shares
25–50% votes

British · United Kingdom · Age 58

332-336, Perth Road, Ilford, IG2 6FF

Notified 22/03/2017

Mr Rizwan Patel

25–50% shares
25–50% votes

British · England · Age 52

332-336, Perth Road, Ilford, IG2 6FF

Notified 22/03/2017

Charges8 outstanding

Charge
outstanding

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Created 26/07/2024Registered 29/07/2024
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PARAGON BANK PLC

Created 25/09/2023Registered 29/09/2023
Charge
outstanding

LLOYDS BANK PLC

Created 25/02/2022Registered 25/02/2022
Charge
satisfied

LLOYDS BANK PLC

Created 21/01/2022Registered 27/01/2022Satisfied 03/04/2024
Charge
outstanding

LENDINVEST BTL LIMITED

Created 19/08/2021Registered 27/08/2021
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outstanding

LLOYDS BANK PLC

Created 30/03/2021Registered 08/04/2021
Charge
outstanding

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Created 30/03/2021Registered 08/04/2021

CompanyRankvs 26565+ SIC 68209 peers
62

Financial strength100th percentile among SIC peers · 25/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 7.74× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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26565Patel And Chand Acquisitions Ltd
72
How is this score calculated?
Financial strength25/25 pts

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

Employees3/15 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.

Longevity9/15 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 31/03/2025

Net Worth

£14.1M

Balance sheet strength

Cash

£41k

Cash in the bank

Net Current Assets

£2.3M

Working capital

Current Assets

£2.6M

Current Liabilities

£342k

Debtors

£2.6M

Profit After Tax

£267k

0avg. employees-2

Tax at Year End

Corp tax£133k
Dividends paid£126k

Balance Sheet

Assets less current liabilities£23.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20257.74+£50k
20244.16+£140k
20233.76+£201k
20223.74+£118k
20211.21—

Derived from filed accounts. Not audited figures.