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Picassos Desserts Ltd

11591683

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

27A COLESHILL ROAD, BIRMINGHAM, B36 8DT
Incorporated 27/09/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56290
Other food service activities

Officers

Ms Neelam Hussain

director · Since 27/09/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 35

Mr Omar Mohammed

director · Since 27/09/2018

DIRECTOR

PAKISTANI · ENGLAND · Age 34

Also on 7 other boards

Persons with Significant Control

Mr Omar Mohammed

25–50% shares
25–50% votes

Pakistani · England · Age 34

27, Coleshill Road, Birmingham, B36 8DT

Notified 27/09/2018

Mrs Neelam Hussain

25–50% shares
25–50% votes

British · United Kingdom · Age 35

27a, Coleshill Road, Birmingham, B36 8DT

Notified 10/01/2023

CompanyRankvs 2428+ SIC 56290 peers
74

Financial strength85th percentile among SIC peers · 21/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.63× · 16/20
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 strength21/25 pts

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

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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 30/09/2024

Net Worth

£34k

Balance sheet strength

Cash

£33k

Cash in the bank

Net Current Assets

£27k

Working capital

Current Assets

£70k

Current Liabilities

£43k

Fixed Assets

£46k

Debtors

£20k

16avg. employees+15

Balance Sheet

Bank loans & overdrafts£39k
Assets less current liabilities£73k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.63-£2k
2023-£71k
20225.15+£9k
20213.69+£85k
20202.18+£19k
2019401.19

Derived from filed accounts. Not audited figures.