The Firmwatch take
Papermirchi Ltd is a 4-year-old retail, active on the Companies House register. The latest filed accounts (year to 31 December 2024) show GBP 129k in net assets, with no distress signals detected. No insolvency or strike-off filings appear in our public Companies House and Gazette data.
Refreshed 24 May 2026
Incorporated
10 September 2021
4 years on the register
Sector
Retail sale via mail order houses or via Internet
SIC 47910
Size
Not classified
Net assets
£129k
Top 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Analytics
Risk, value and sector comparison
Insolvency risk
4/100
low risk
Estimated public-data value
£96,854 - £174,336
medium confidence - net asset range
Sector comparison
Sector: Retail
Sample: 137,205 companies
Negative net assets: 22.7%
- Net assets vs sector median
- £128,291
- Working capital vs sector median
- £108,057
- Sector median current ratio
- 1.09
Positive net assets
The latest extracted accounts show assets exceeding liabilities.
Risk and value are estimates from public accounts only. They are not a credit score, valuation opinion or insolvency prediction guarantee. See methodology.
Balance sheet
Full extracted balance sheet
Top 10% in sector · Sector medians shown for 137,205 retailers (2024).
Cash at bank
Bank balances disclosed in the public accounts.
Not disclosed
Current assets
Assets expected to turn into cash within one year.
£183,809
Current liabilities
Amounts due within one year (short-term creditors).
£72,892
Working capital
Current assets minus current liabilities.
£110,917
Median £3k
Fixed assets
Long-term tangible and intangible assets.
£18,221
Total assets less current liabilities
Fixed assets plus working capital.
£129,138
Net assets
What's left after liabilities are deducted from assets.
£129,138
Median £847
Equity (capital & reserves)
Shareholder funds.
£129,138
Current ratio
Current assets divided by current liabilities. Above 1.0× is usually easier to fund.
2.5×
Median 1.1×
Figures extracted from the company's public XBRL/iXBRL filing. Fields shown as Not disclosed are not legally required for this filing type and are absent from the source document — they are not necessarily zero.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.