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Packages Engineering Limited

11021854

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

FLAT 4, MARIE CARLILE, WOKING, GU22 7RG
Incorporated 19/10/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

Mr Syed Ashhad Ali

director · Since 19/10/2017

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Mrs Sabeen Ashhad

secretary · Since 07/05/2019

Persons with Significant Control

Mr Syed Ashhad Ali

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 45

Flat 4, Marie Carlile, Coley Avenue, Woking, GU22 7RG

Notified 19/10/2017

Mrs Sabeen Ashhad

50–75% shares
50–75% votes

Pakistani · England · Age 37

Flat 4, Marie Carlile, Coley Avenue, Woking, GU22 7RG

Notified 07/05/2019

CompanyRankvs 8095+ SIC 74909 peers
65

Financial strength85th percentile among SIC peers · 21/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 2.56× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength21/25 pts

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

Employees10/15 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

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

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s

Key FinancialsYear ending 31/10/2025

Net Worth

£103k

Balance sheet strength

Cash

£96k

Cash in the bank

Net Current Assets

£102k

Working capital

Current Assets

£168k

Current Liabilities

£66k

Fixed Assets

£156

Debtors

£72k

2avg. employees

Tax at Year End

Corp tax£39k
VAT£25k

Director Loans

Company owes directors£2k

Balance Sheet

Assets less current liabilities£103k
Signed by Mr S Ali,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioEst. Revenue
20252.56£502k
20242.26
20231.78

Derived from filed accounts. Not audited figures.