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Parmak Ltd

13297919

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

THE BORDER REIVER, NEWCASTLE UPON TYNE, NE19 1NP
Incorporated 28/03/2021

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 27/03/2026

Due 10/04/2027

On track

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mr Bhavesh Ramji Parmar

director · Since 28/03/2021

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 5 other boards

Persons with Significant Control

Mr Bhavesh Ramji Parmar

25–50% shares
25–50% votes
Appoint directors

British · England · Age 57

The Border Reiver, Otterburn, Newcastle Upon Tyne, NE19 1NP

Notified 28/03/2021

Max Brothers Ltd

25–50% shares
25–50% votes
Appoint directors

3a, Front Street, Stockton-On-Tees, TS21 3AT

Reg: 11345180 · Uk Register Of Companies · Private Company Limited By Shares

Notified 28/03/2021

Charges2 outstanding

Charge
outstanding

THE CO-OPERATIVE BANK P.L.C

Created 01/11/2021Registered 08/11/2021
Charge
outstanding

THE CO-OPERATIVE BANK P.L.C

Created 01/11/2021Registered 08/11/2021

CompanyRankvs 16193+ SIC 47110 peers
27

Financial strength2th percentile among SIC peers · 1/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.21× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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16193Parmak Ltd
37
How is this score calculated?
Financial strength1/25 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.

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 31/03/2025

Net Worth

-£105k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£255k

Working capital

Current Assets

£69k

Current Liabilities

£337k

Fixed Assets

£657k

11avg. employees-1

Balance Sheet

Assets less current liabilities£403k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.21-£119k
20240.21-£6k
20230.21+£10k
20220.24—

Derived from filed accounts. Not audited figures.