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Piran Trading Limited

13484930

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

111 SPRINGFIELD DRIVE, ILFORD, IG2 6QT
Incorporated 30/06/2021

Compliance

Last accounts

30/06/2024

micro entity

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 29/06/2025

Due 13/07/2026

On track

Industry

43220
Plumbing, heat and air-conditioning installation
43290
Other construction installation
43390
Other building completion and finishing
82990
Other business support service activities

Officers

Mr Piranavan Rajaratnam

director · Since 30/06/2021

DIRECTOR

SRI LANKAN · ENGLAND · Age 32

Persons with Significant Control

Mr Piranavan Rajaratnam

75–100% shares
75–100% votes
Appoint directors

Sri Lankan · England · Age 32

111, Springfield Drive, Ilford, IG2 6QT

Notified 30/06/2021

CompanyRankvs 34933+ SIC 43220 peers
32

Financial strength12th percentile among SIC peers · 3/25
Employees21th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.71× · 6/20
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 strength3/25 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.

Liquidity6/20 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 30/06/2024

Net Worth

-£989

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£989

Working capital

Current Assets

£2k

Current Liabilities

£3k

1avg. employees

Balance Sheet

Assets less current liabilities-£989
Prepared with Taxfiler

EstimatesDerived

YearCurrent Ratio
20240.71
20232.27
20221.51

Derived from filed accounts. Not audited figures.