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Patchwork (E1) Limited

14798284

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

66 BREAMORE ROAD, ILFORD, IG3 9ND
Incorporated 13/04/2023

Compliance

Last accounts

30/06/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 12/04/2025

Due 26/04/2026

Overdue

Industry

55100
Hotels and similar accommodation
68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr Sital Singh Bains

director · Since 13/04/2023

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 78

Also on 8 other boards

Mr Sukhjit Bains

director · Since 13/04/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 14 other boards

Mrs Surinder Kaur Bains

director · Since 13/04/2023

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 78

Also on 2 other boards

Persons with Significant Control

Mr Sukhjit Bains

25–50% shares
25–50% votes

British · England · Age 38

66, Breamore Road, Ilford, IG3 9ND

Notified 13/04/2023

Mrs Amandeep Kaur

25–50% shares
25–50% votes

British · United Kingdom · Age 38

66, Breamore Road, Ilford, IG3 9ND

Notified 11/04/2025

Charges2 outstanding

Charge
outstanding

ALPHA BANK LONDON LIMITED

Created 09/06/2025Registered 10/06/2025
Charge
outstanding

ALPHA BANK LONDON LIMITED

Created 09/06/2025Registered 10/06/2025
Charge
satisfied

HARINDER SINGH KOHLI AND MINAZ PYARALI RAJABALI

Created 05/06/2024Registered 10/06/2024Satisfied 12/06/2025
Charge
satisfied

HARINDER SINGH KOHLI AND MINAZ PYARALI RAJABALI

Created 05/06/2024Registered 10/06/2024Satisfied 12/06/2025
Charge
satisfied

HANA CAPITAL LTD

Created 17/07/2023Registered 26/07/2023Satisfied 12/06/2025

CompanyRankvs 4826+ SIC 55100 peers
42

Financial strength98th percentile among SIC peers · 25/25
Employees63th percentile among SIC peers · 9/15
LiquidityNo balance sheet data · 0/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
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90
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90
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90
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90
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90
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8Lake District Hotels Limited
90
9The Parkway Hotel And Spa Limited
90
10The Manor House Hotel (Castle Combe) Limited
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4826Patchwork (E1) Limited
52
How is this score calculated?
Financial strength25/25 pts

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

Employees9/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity3/15 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 30/06/2024

Net Worth

£9.5M

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£2.1M

Working capital

Current Assets

—

Current Liabilities

£8.5M

Fixed Assets

£13.0M

Debtors

£6.4M

3avg. employees

Balance Sheet

Assets less current liabilities£10.9M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearImplied Profit
2024+£0

Derived from filed accounts. Not audited figures.