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Praco Packaging Supplies Ltd

15112621

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

15 PARKER DRIVE, LEICESTER, LE4 0JP
Incorporated 04/09/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82920
Packaging activities

Officers

Mr Arshad Parekh

director · Since 04/09/2023

BUSINESS MAN

BRITISH · UNITED KINGDOM · Age 46

Also on 5 other boards

Mr Asif Ashraf Parekh

director · Since 04/09/2023

BUSINESS MAN

BRITISH · UNITED KINGDOM · Age 40

Persons with Significant Control

Mr Arshad Parekh

25–50% shares
25–50% votes

British · United Kingdom · Age 46

15, Parker Drive, Leicester, LE4 0JP

Notified 04/09/2023

Asif Parekh

25–50% shares
25–50% votes

British · United Kingdom · Age 40

15, Parker Drive, Leicester, LE4 0JP

Notified 04/09/2023

CompanyRankvs 675+ SIC 82920 peers
61

Financial strength79th percentile among SIC peers · 20/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 2.01× · 20/20
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 strength20/25 pts

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

Employees3/15 pts

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

Liquidity20/20 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 30/09/2024

Net Worth

£21k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£20k

Working capital

Current Assets

£41k

Current Liabilities

£20k

Fixed Assets

£150

1avg. employees

Balance Sheet

Assets less current liabilities£21k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent Ratio
20242.01

Derived from filed accounts. Not audited figures.