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Patara Healthcare Ltd

13565405

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

352 BEARWOOD ROAD, SMETHWICK, B66 4ET
Incorporated 13/08/2021

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 15/11/2025

Due 29/11/2026

On track

Industry

64209
Activities of other holding companies
87900
Other residential care activities

Officers

Mr Michael Maninder Singh Patara

director · Since 13/08/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 12 other boards

Mr Talwinder Singh Patara

director · Since 29/10/2024

DIRECTOR

BRITISH · ENGLAND · Age 72

Also on 3 other boards

Persons with Significant Control

Patara Family Investment Company

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

352, Bearwood Road, Birmingham, B66 4ET

Reg: 12925077 · England & Wales · Unlimited Company

Notified 29/10/2024

Former PSCs

Mr Michael Maninder Singh Patara

Ceased 29/10/2024

Mrs Renu Kaur Patara

Ceased 29/10/2024

Charges1 outstanding

Charge
outstanding

ALLICA BANK LIMITED

Created 21/03/2025Registered 28/03/2025

CompanyRankvs 36156+ SIC 64209 peers
30

Financial strength29th percentile among SIC peers · 7/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength7/25 pts

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

Employees11/15 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 31/10/2025

Net Worth

£100

Balance sheet strength

Cash

£100

Cash in the bank

Net Current Assets

-£4.9M

Working capital

Current Assets

£123k

Current Liabilities

£5.0M

Debtors

£123k

2avg. employees

Tax at Year End

Corp tax£23k

Balance Sheet

Assets less current liabilities£70k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20250.02

Derived from filed accounts. Not audited figures.