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P & P Distributors Ltd

13143589

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

32 GREENBANK AVENUE, WEMBLEY, HA0 2TF
Incorporated 19/01/2021

Compliance

Last accounts

31/01/2025

micro entity

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 10/01/2026

Due 24/01/2027

On track

Industry

49410
Freight transport by road
53201
Licensed carriers
53202
Unlicensed carriers

Officers

Mr Rinkeshkumar Rajanikant Panchal

director · Since 19/01/2021

BUSINESS

INDIAN · ENGLAND · Age 43

Also on 3 other boards

Mr Priteshkumar Bipinchandra Patel

director · Since 19/01/2021

BUSINESS

BRITISH · UNITED KINGDOM · Age 42

Also on 3 other boards

Persons with Significant Control

Mr Priteshkumar Bipinchandra Patel

25–50% shares
25–50% votes

British · United Kingdom · Age 42

32, Greenbank Avenue, Wembley, HA0 2TF

Notified 19/01/2021

Mr Rinkeshkumar Rajanikant Panchal

25–50% shares
25–50% votes

Indian · England · Age 43

86, Halley Road, London, E7 8DT

Notified 19/01/2021

CompanyRankvs 32136+ SIC 49410 peers
40

Financial strength17th percentile among SIC peers · 4/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.34× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength4/25 pts

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

Employees14/15 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.

Longevity5/15 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 31/01/2025

Net Worth

-£365

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£46k

Working capital

Current Assets

£31k

Current Liabilities

£92k

Fixed Assets

£146k

7avg. employees+2

Balance Sheet

Assets less current liabilities£100k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.34
20240.43+£22k
20230.02+£13k
20220.03

Derived from filed accounts. Not audited figures.