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Pargat Holding Limited

10947580

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)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

PARGAT HOUSE, WEST BROMWICH, B71 4JZ
Incorporated 05/09/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70100
Activities of head offices

Officers

Mr Baljit Singh

director · Since 05/09/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 5 other boards

Mr Inderjit Singh

director · Since 05/09/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 72

Also on 2 other boards

Mr Ranjit Singh

director · Since 05/09/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 2 other boards

Persons with Significant Control

Former PSCs

Mr Mani Singh

Ceased 25/09/2017

CompanyRankvs 8361+ SIC 70100 peers
43

Financial strength98th percentile among SIC peers · 25/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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8361Pargat Holding Limited
52
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.

Employees2/15 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.

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

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

are no material uncertainties relating to events or conditions that may cast doubt over the ability of the group to continue as a going concern. The directors believe the strength of the group's working capital position and its continual monitoring has allowed the group to trade during the during this period of global economic instability. F

Key FinancialsYear ending 30/09/2024

Net Worth

£20.3M

Balance sheet strength

Cash

£49

Cash in the bank

Net Current Assets

-£5.7M

Working capital

Current Assets

£49

Current Liabilities

£5.7M

Fixed Assets

£26.0M

Profit After Tax

£0

0avg. employees

Tax at Year End

Dividends paid£100k

Balance Sheet

Assets less current liabilities£20.3M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent Ratio
20240.00

Derived from filed accounts. Not audited figures.