Company Overview
Plas-Ware Ltd is listed at the official companies registry as in Liquidation Private Limited Company. The company was incorporated on Monday 22 March 2010, so this is a well established company. Plas-Ware Ltd has been in business for 16 years. The accounts status is micro entity and the accounts are next due on Tuesday 31 December 2024.
Registered Address

Leonard House 7, Newman Road, Bromley, Kent, BR1 1RJ
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Companies House Data
Company NamePLAS-WARE LTD
Company Number07197109
Registered Office AddressLeonard House 7
 Newman Road
 BR1 1RJ
Company CategoryPrivate Limited Company
Company StatusLiquidation
Country of OriginUnited Kingdom
Incorporation Date22/03/2010
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2024
Accounts Last Made Up Date31/03/2023
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date19/04/2017
Returns Last Made Up Date22/03/2016
Directors & Members
Show Resigned
Niren Vadgama - Director
(British, 50 years old, born May 1976)
Appointed 18 December 2021
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Niren Vadgama
ECOJEN LTD
OM-WARE LTD
PACKAGING PROCUREMENT LTD
STANMORE HOUSE LIMITED
WESTBERRY INVESTMENTS LTD
Balance Sheet Unlock full report
Accounts Date 31-Mar-2023 31-Mar-2022 31-Mar-2021
Balance Sheet
Fixed Assets -1,108 -1,108 -4,608
Current Assets 1,000 1,000 9,500
Creditors Due Within One Year -37,250 -37,250 -4,410
Working Cap 38,250 38,250 13,910
Total Assets Less Current Liabilities 37,142 37,142 9,302
Long-term Liabilities 74,500 74,500 8,820
Net Assets 37,142 37,142 9,302
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 37,142 37,142 9,302
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2023 31-Mar-2022 31-Mar-2021
Tangible Fixed Assets - - -
Fixed Assets 1025.9% 1025.9% -94.2%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets -925.9% -925.9% 194.2%
Creditors Due Within One Year 34490.7% 34490.7% -90.1%
Net Current Assets Liabilities -35416.7% -35416.7% 284.3%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds -34390.7% -34390.7% 190.1%
Capital Employed - - -
Total Assets Less Current Liabilities -34390.7% -34390.7% 190.1%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2023 31-Mar-2022 31-Mar-2021
Liquidity Ratio 0.0 0.0 -2.2
Solvency Ratio 0.0 0.0 1.1
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 1
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 1
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2023 31-Mar-2022 31-Mar-2021
Assets -108 -108 4,892
Debt 37,250 37,250 4,410
Net Assets/Debt 37,142 37,142 9,302

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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GARRATT GREEN NO.2 RESIDENTS COMPANY LIMITED
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A J ROGERS & SONS LIMITED
41 College Road, Bromley, Kent, BR1 1RJ
F & K ENGINEERING LIMITED
Leonard House First Floor, 5 - 7 Newman Road, Bromley, Kent, BR1 1RJ
JESTER FARM SERVICES LIMITED
LEONARD HOUSE, 5-7 NEWMAN ROAD, BROMLEY, KENT, BR1 1RJ
ZENITHGOLD LIMITED
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Document Filings
Final Gazette dissolved following liquidation
Return of final meeting in a creditors' voluntary winding up
Registered office address changed from 5-7 Ravensbourne Road Bromley Kent BR1 1HN to Leonard House 7 Newman Road Bromley Kent BR1 1RJ on 25 March 2025
Registered office address changed from 5a Parr Road "Grey Tent" Car Park @ 5a Parr Road Stanmore HA7 1NL England to 5-7 Ravensbourne Road Bromley Kent BR1 1HN on 28 October 2024
Statement of affairs
Appointment of a voluntary liquidator
Resolutions
Registered office address changed from Unit 10 Parr Road Stanmore HA7 1NL England to 5a Parr Road Stanmore HA7 1NP on 5 April 2024
Confirmation statement made on 26 November 2023 with no updates
Confirmation statement made on 26 November 2022 with updates
Change of details for Miss Sangita Vadgama as a person with significant control on 15 July 2022
Confirmation statement made on 18 December 2021 with updates
Termination of appointment of Sangita Vadgama as a director on 18 December 2021
Appointment of Mr Niren Dayalji Vadgama as a director on 18 December 2021
Confirmation statement made on 30 December 2020 with no updates
Register(s) moved to registered inspection location Plas-Ware House Parr Road Stanmore HA7 1NL
Register inspection address has been changed to Plas-Ware House Parr Road Stanmore HA7 1NL
Director's details changed for Miss Sangita Vadgama on 2 May 2020
Director's details changed for Miss Sangita Vadgama on 2 May 2020
Satisfaction of charge 1 in full
Confirmation statement made on 9 January 2020 with no updates
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