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Paramount Traders Limited

13525153

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

22 ABBEY CLOSE, MANCHESTER, M32 9PX
Incorporated 22/07/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet
49410
Freight transport by road
53202
Unlicensed carriers

Officers

Muhammad Siddique

director · Since 22/07/2021

German

CompanyRankvs 503800+ SIC 47910 peers
41

Financial strength47th percentile among SIC peers · 12/25
Employees21th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.79× · 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 strength12/25 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 31/07/2024

Net Worth

£100

Balance sheet strength

Cash

£100

Cash in the bank

Net Current Assets

-£650

Working capital

Current Assets

£2k

Current Liabilities

£3k

Fixed Assets

£880

Debtors

£2k

-1avg. employees
Prepared with v2025.21.1 limited_company_frs_102_section_1a_v1_1_2 companies_house

EstimatesDerived

YearCurrent Ratio
20240.79

Derived from filed accounts. Not audited figures.