Pato Works Limited
12403857
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Patrick Onyebuchi Ani
Nigerian · England · Age 38
204 Pomeroy Street, Pomeroy Street, London, SE14 5BS
Notified 14/01/2020
Former PSCs
Mr Patrick Onyebuchi Arinze Ani
Ceased 13/02/2024
Mr Patrick Onyebuchi Arinze Ani
Ceased 13/02/2024
CompanyRankvs 25591+ SIC 41201 peers29
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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 31/01/2025
Net Worth
-£43k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£13k
Working capital
Current Assets
£12k
Current Liabilities
£25k
Fixed Assets
£20k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.47 | -£67k |
| 2024 | 0.88 | +£14k |
| 2023 | 1.94 | +£36k |
| 2022 | 5.28 | -£17k |
| 2021 | 51.76 | — |
Derived from filed accounts. Not audited figures.