# PANCHAL LTD (12374201)

> PANCHAL LTD is an active private limited company (company number 12374201) incorporated on 20 December 2019, registered in Slough. Its registered activity is specialised design activities (SIC 74100). Latest small accounts cover the period ending 31 December 2024, showing net assets of £8,232 and cash of £55k, with 1 employee on average. Net assets rose 65% on the prior period (£4,981).

- Status: Active
- Incorporated: 2019-12-20
- Registered office: Slough, SL3 8WN
- SIC 74100: Specialised design activities
- Next accounts due: 2026-09-30
- Confirmation statement due: 2027-01-03
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the upper half of 490 comparable companies in Reading (median £4,181, upper quartile £37k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-12-31 | £8,232 | £55k | — | £19k | — | — | 1 |
| 2023-12-31 | £4,981 | £57k | — | £19k | — | — | 1 |

current ratio 2.95; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £8,232 at 31 December 2024
- Net assets up 10% or more on the prior period: +65.3% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 2.95
- Cash at bank of £50,000 or more: Cash £55,392
- Incorporated five or more years ago: Incorporated 20 December 2019
- Accounts past their due date: Due 30 September 2026

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Neel Panchal — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2019-12-20

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/12374201
HTML: https://firmoscan.com/company/12374201-panchal-ltd