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Paradise Direct Ltd

12340252

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

13 WELTON ROAD, LONDON, SE18 2JE
Incorporated 29/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68201
Renting and operating of Housing Association real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Ramsing Gaungoo

secretary · Since 29/11/2019

Also on 1 other board

Mr Ramsing Gaungoo

director · Since 29/11/2019

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 1 other board

Persons with Significant Control

Mr Ramsing Gaungoo

75–100% shares

British · England · Age 46

13, Welton Road, London, SE18 2JE

Notified 06/11/2021

Charges1 outstanding

Charge
outstanding

LANDBAY PARTNERS LIMITED

Created 17/09/2025Registered 17/09/2025
Charge
satisfied

LANDBAY PARTNERS LIMITED

Created 29/06/2023Registered 29/06/2023Satisfied 17/09/2025
Charge
satisfied

THE MORTGAGE LENDER LIMITED

Created 10/02/2021Registered 23/02/2021Satisfied 03/09/2025

CompanyRankvs 140411+ SIC 68100 peers
22

Financial strength18th percentile among SIC peers · 5/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.24× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength5/25 pts

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

Employees3/15 pts

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

Liquidity2/20 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/11/2024

Net Worth

-£8k

Balance sheet strength

Cash

£18k

Cash in the bank

Profit Before Tax

£2k

Bottom line earnings

Net Current Assets

£18k

Working capital

Current Assets

£18k

Current Liabilities

£75k

Fixed Assets

£50k

Debtors

£1

Gross Profit

£0

Admin Expenses

£443

Operating Profit

-£443

Profit After Tax

£2k

0avg. employees

Balance Sheet

Assets less current liabilities£68k
Signed by 1.12.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20240.24+£2k
202347.74-£307
202210.59+£999
2021Infinity-£16k
2020Infinity—

Derived from filed accounts. Not audited figures.