Panacea Services & Improvements Limited
11829113
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 15/02/2019
DIRECTOR
BRITISH · ENGLAND · Age 38
Also on 2 other boards
Persons with Significant Control
Mr Barinderpal Singh Matharu
British · England · Age 38
91, Soho Hill, Birmingham, B19 1AY
Notified 15/02/2019
CompanyRankvs 6191+ SIC 81100 peers33
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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 28/02/2022
Net Worth
-£15k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£6k
Working capital
Current Assets
£371
Current Liabilities
£7k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2022 | 0.06 | -£9k |
| 2021 | 1.65 | — |
| 2020 | 0.98 | — |
Derived from filed accounts. Not audited figures.