P & P DISTRIBUTORS LTD

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Executive Summary

P & P DISTRIBUTORS LTD has made progress improving its balance sheet, moving from negative equity to positive shareholders’ funds. However, the company still faces liquidity challenges with negative working capital and significant current liabilities. Credit approval is recommended on a conditional basis with modest limits and monitoring of cash flow and working capital management to mitigate risk.

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Who controls this company?

Mr Rinkeshkumar Rajanikant Panchal

Correspondence address
86, Halley Road, London, United Kingdom, E7 8DT
Date of birth
April 1983
Notified on
2021-01-19
Nationality
Indian
Country of residence
England
 
Source data
Nature of control
Owns between 25% and 50% of the company's shares
Has between 25% and 50% of the voting rights in the company
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