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Parekh Estates Ltd

15349988

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

49 MOREALL MEADOWS, COVENTRY, CV4 7HL
Incorporated 13/12/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68201
Renting and operating of Housing Association 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

Mrs Malti Girish Parekh

director · Since 13/12/2023

RETIRED

BRITISH · ENGLAND · Age 67

Also on 4 other boards

Dr Priyesh Girish Parekh

director · Since 13/12/2023

DOCTOR

BRITISH · ENGLAND · Age 30

Persons with Significant Control

Dr Priyesh Girish Parekh

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

British · England · Age 30

49, Moreall Meadows, Coventry, CV4 7HL

Notified 13/12/2023

Charges1 outstanding

Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 13/06/2024Registered 13/06/2024

CompanyRankvs 138140+ SIC 68100 peers
23

Financial strength15th percentile among SIC peers · 4/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength4/25 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.

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.

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 31/12/2024

Net Worth

-£13k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£57k

Working capital

Current Assets

£864

Current Liabilities

£58k

Fixed Assets

£167k

1avg. employees

Balance Sheet

Assets less current liabilities£109k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.01

Derived from filed accounts. Not audited figures.