Proguard Workwear Limited
11574022
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Karanpal Singh Kachala
British · United Kingdom · Age 36
10, Charlemont Gardens, Walsall, WS5 3RD
Notified 18/09/2018
Former PSCs
Kulwinder Kaur
Ceased 01/09/2025
CompanyRankvs 10887+ SIC 47710 peers42
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/09/2024
Net Worth
-£389
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£389
Working capital
Current Assets
£33k
Current Liabilities
£33k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.99 | — |
| 2023 | 0.81 | +£2k |
| 2022 | 0.80 | +£64 |
| 2021 | 0.79 | — |
Derived from filed accounts. Not audited figures.