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Patternise Laser Ltd

14178020

active
Private Limited Company
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

1 LUCAS BRIDGE BUSINESS PARK, TOWCESTER, NN12 8AX
Incorporated 16/06/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Inderpal Singh Saraw

director · Since 16/06/2022

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 6 other boards

Dr Sanjit Saraw

director · Since 16/06/2022

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 1 other board

Persons with Significant Control

Mr Inderpal Singh Saraw

25–50% shares
25–50% votes

British · England · Age 45

1 Lucas Bridge Business Park, 1 Old Greens Norton Road, Towcester, NN12 8AX

Notified 16/06/2022

Dr Sanjit Saraw

25–50% shares
25–50% votes

British · England · Age 45

1 Lucas Bridge Business Park, 1 Old Greens Norton Road, Towcester, NN12 8AX

Notified 16/06/2022

CompanyRankvs 6705+ SIC 25990 peers
28

Financial strength7th percentile among SIC peers · 2/25
Employees9th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.65× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees1/15 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.

Longevity4/15 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 31/08/2024

Net Worth

-£11k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£27k

Working capital

Current Assets

£50k

Current Liabilities

£77k

Fixed Assets

£16k

0avg. employees

Balance Sheet

Assets less current liabilities-£11k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.65-£28k
20230.95

Derived from filed accounts. Not audited figures.