Back to search

Patricio-Express Delivery Ltd

10864561

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

29 FAIRY LANE, MANCHESTER, M8 8YE
Incorporated 13/07/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

53201
Licensed carriers

Officers

Patricio Joao Tonduango

director · Since 13/07/2017

British

CompanyRankvs 10860+ SIC 53201 peers
52

Financial strength17th percentile among SIC peers · 4/25
Employees28th percentile among SIC peers · 4/15
LiquidityCurrent ratio 2.09× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength4/25 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.

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.

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

-£2k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

£10k

Working capital

Current Assets

£20k

Current Liabilities

£10k

Fixed Assets

£12k

Debtors

£18k

1avg. employees

Balance Sheet

Bank loans & overdrafts£24k
Assets less current liabilities£22k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20242.09-£19k
20212.70

Derived from filed accounts. Not audited figures.