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M Patel Ltd

14823509

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

174 ARMADALE ROAD, BOLTON, BL3 4TP
Incorporated 24/04/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Muhammad Akhtar Yusuf Patel

director · Since 24/04/2023

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 2 other boards

Persons with Significant Control

Mr Muhammad Akhtar Yusuf Patel

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

British · England · Age 50

174, Armadale Road, Bolton, BL3 4TP

Notified 24/04/2023

CompanyRankvs 90421+ SIC 47910 peers
30

Financial strength22th percentile among SIC peers · 6/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.95× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength6/25 pts

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

Employees0/15 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.

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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/04/2025

Net Worth

-£882

Balance sheet strength

Cash

£16k

Cash in the bank

Net Current Assets

-£882

Working capital

Current Assets

£17k

Current Liabilities

£18k

Debtors

£403

Balance Sheet

Assets less current liabilities-£882
Signed by Mr Muhammad Patel 30th May 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.95
20240.99

Derived from filed accounts. Not audited figures.