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Premier Fabrics Limited

11855772

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

77 LONDON STREET, LEICESTER, LE5 3RW
Incorporated 01/03/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46410
Wholesale of textiles

Officers

Mr Muhammad Yunus Patel

director · Since 01/03/2019

DIRECTOR

BRITISH · ENGLAND · Age 33

Also on 7 other boards

Persons with Significant Control

Mr Muhammad Yunus Patel

75–100% shares

British · England · Age 33

77, London Street, Leicester, LE5 3RW

Notified 01/03/2019

CompanyRankvs 620+ SIC 46410 peers
70

Financial strength83th percentile among SIC peers · 21/25
Employees44th percentile among SIC peers · 7/15
LiquidityCurrent ratio 5.1× · 20/20
Longevity7 years trading (max 15) · 7/15
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.

Employees7/15 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 31/07/2024

Net Worth

£113k

Balance sheet strength

Cash

£111

Cash in the bank

Net Current Assets

£109k

Working capital

Current Assets

£136k

Current Liabilities

£27k

Fixed Assets

£4k

Debtors

£91k

1avg. employees

Tax at Year End

VAT£3k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20245.10-£57k£59k
20234.53-£31k£2k
20223.18+£22k£210k
20211.92+£37k£726k
20201.25£410k

Derived from filed accounts. Not audited figures.