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Patara Finance Ltd

11119594

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

352 BEARWOOD ROAD, BIRMINGHAM, B66 4ET
Incorporated 20/12/2017

Compliance

Last accounts

31/12/2025

micro entity

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 15/08/2025

Due 29/08/2026

On track

Industry

64209
Activities of other holding companies
64999
Other financial service activities

Officers

Mrs Manjit Kaur Patara

director · Since 20/12/2017

DIRECTOR

BRITISH · ENGLAND · Age 70

Also on 2 other boards

Mr Talwinder Singh Patara

director · Since 20/12/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 72

Also on 12 other boards

Mr Michael Maninder Singh Patara

director · Since 01/07/2025

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 12 other boards

Persons with Significant Control

Mrs Manjit Kaur Patara

25–50% shares
25–50% votes
Appoint directors

British · England · Age 70

352, Bearwood Road, Birmingham, B66 4ET

Notified 20/12/2017

Mr Talwinder Singh Patara

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

British · United Kingdom · Age 72

352, Bearwood Road, Birmingham, B66 4ET

Notified 20/12/2017

CompanyRankvs 17300+ SIC 64209 peers
54

Financial strength70th percentile among SIC peers · 18/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 pts

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

Employees11/15 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.

Longevity8/15 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 31/12/2024

Net Worth

£88k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£21k

Current Liabilities

£1.9M

Fixed Assets

£1.9M

2avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.01+£20k
20230.26+£4k
20220.01+£7k
20210.36-£185
20200.54+£2k
20190.21

Derived from filed accounts. Not audited figures.