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Praan Sweets Ltd

11830975

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

77 TURNPIKE LANE, LONDON, N8 0EE
Incorporated 18/02/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56290
Other food service activities

Officers

Mr Siddiqur Rahman Ali

director · Since 18/02/2019

DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 5 other boards

Persons with Significant Control

Mr Siddiqur Rahman Ali

75–100% shares
75–100% votes
Appoint directors

British · England · Age 40

77, Turnpike Lane, London, N8 0EE

Notified 18/02/2019

CompanyRankvs 9187+ SIC 56290 peers
46

Financial strength8th percentile among SIC peers · 2/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 3.56× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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9187Praan Sweets Ltd
46
How is this score calculated?
Financial strength2/25 pts

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

Employees2/15 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.

Longevity7/15 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 29/02/2024

Net Worth

-£36k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

£9k

Working capital

Current Assets

£13k

Current Liabilities

£4k

Fixed Assets

£5k

0avg. employees

Balance Sheet

Bank loans & overdrafts£50k
Assets less current liabilities£14k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20243.56-£513
20235.19-£18k
20224.75-£8k
20219.73—

Derived from filed accounts. Not audited figures.