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K & A Patel Ltd

14305783

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)
  • Negative net worth (-10)

Details

FLAT 2 GAINSBOROUGH COURT, HARROW, HA3 8AF
Incorporated 19/08/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

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

Officers

Mr Hardikkumar Surendrabhai Patel

director · Since 19/08/2022

COMPANY DIRECTOR

INDIAN · ENGLAND · Age 38

Mrs Rinkiben Suryakantbhai Patel

director · Since 19/08/2022

COMPANY DIRECTOR

INDIAN · ENGLAND · Age 38

Persons with Significant Control

Mr Hardikkumar Surendrabhai Patel

50–75% shares
50–75% votes
Appoint directors

Indian · England · Age 38

Flat 2 Gainsborough Court, 72 Kenton Road, Harrow, HA3 8AF

Notified 19/08/2022

Mrs Rinkiben Suryakantbhai Patel

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

Indian · England · Age 38

Flat 2 Gainsborough Court, 72 Kenton Road, Harrow, HA3 8AF

Notified 19/08/2022

CompanyRankvs 19379+ SIC 47110 peers
30

Financial strength8th percentile among SIC peers · 2/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.35× · 2/20
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.

Employees7/15 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.

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

-£24k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£125k

Working capital

Current Assets

£68k

Current Liabilities

£192k

Fixed Assets

£100k

Debtors

£4k

3avg. employees+1

Tax at Year End

VAT£17k

Balance Sheet

Intangible assets£63k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.35-£73k£337k
20230.22

Derived from filed accounts. Not audited figures.