M&V Patel Ltd
12278521
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Nikulkumar Jayantilal Patel
Indian · United Kingdom · Age 41
5, London Road, Shrewsbury, SY2 6NN
Notified 04/09/2021
Former PSCs
Mrs Avaniben Nikulkumar Patel
Ceased 04/09/2021
CompanyRankvs 19430+ SIC 47110 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 31/10/2024
Net Worth
-£2k
Balance sheet strength
Cash
£7k
Cash in the bank
Net Current Assets
-£52k
Working capital
Current Assets
£84k
Current Liabilities
£136k
Fixed Assets
£81k
Debtors
£22k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 0.62 | -£15k | £10k |
| 2023 | 0.61 | +£6k | — |
| 2022 | 1.13 | +£3k | £8k |
| 2021 | 0.61 | — | £9k |
Derived from filed accounts. Not audited figures.