Padda Group Ltd
12679197
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Gurbaksh Kaur
British · Wales · Age 69
The Third Floor, Langdon House, Swansea, SA1 8QY
Notified 18/06/2020
Jasbir Singh
British · Wales · Age 72
The Third Floor, Langdon House, Swansea, SA1 8QY
Notified 18/06/2020
Charges3 outstanding
IFW-DEBT LP (ACTING BY ITS GENERAL PARTNER) FWC IFW DEBT GP LIMITED ACTING BY FW CAPITAL LIMITE
DBW INVESTMENTS (3) LIMITED
HSBC UK BANK PLC
CompanyRankvs 4775+ SIC 64209 peers61
Show leaderboard
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.
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 31/03/2024
Net Worth
£237k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£1.9M
Working capital
Current Assets
£2.7M
Current Liabilities
£825k
Fixed Assets
£68
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.33 | +£356k |
| 2023 | 7.99 | -£98k |
| 2022 | 2.21 | — |
Derived from filed accounts. Not audited figures.