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Majestic Towels Limited

01235595

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

BRITANNIA HOUSE, BIRMINGHAM, B11 1XA
Incorporated 28/11/1975

Compliance

Last accounts

31/12/2024

unaudited abridged

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 30/06/2025

Due 14/07/2026

On track

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mrs Mariam Vawda

secretary · Since 10/12/1991

BRITISH · Age 70

Mr Abbas Ebrahim Vawda

director · Since 10/12/1991

BUSINESSMAN

BRITISH · ENGLAND · Age 77

Also on 3 other boards

Persons with Significant Control

Mr Abbas Ebrahim Vawda

25–50% shares
ownership-of-shares-25-to-50-percent-as-trust
ownership-of-shares-25-to-50-percent-as-firm

British · England · Age 77

Britannia House, Birmingham, B11 1XA

Notified 07/04/2016

Mrs Mariam Vawda

25–50% shares
ownership-of-shares-25-to-50-percent-as-trust
ownership-of-shares-25-to-50-percent-as-firm

British · England · Age 70

Britannia House, Birmingham, B11 1XA

Notified 07/04/2016

Charges0 outstanding

Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 13/12/2013Registered 03/01/2014Satisfied 22/08/2022
charge
satisfied

HABIB ALLIED INTERNATIONAL BANK PLC

Created 09/05/2005Registered 20/05/2005Satisfied 22/08/2022
charge
satisfied

HABIB BANK LIMITED

Created 10/07/1989Registered 28/07/1989Satisfied 22/08/2022
charge
satisfied

HABIB BANK LIMITED

Created 10/07/1989Registered 28/07/1989Satisfied 22/08/2022
charge
satisfied

HABIB BANK LTD

Created 27/02/1978Registered 08/03/1978Satisfied 22/08/2022

CompanyRankvs 11+ SIC 47910 peers
90

Financial strength99th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 25.38× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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11Majestic Towels Limited
90
How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 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.

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

£1.2M

Balance sheet strength

Cash

£522k

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£1.3M

Current Liabilities

£53k

Fixed Assets

£20k

Debtors

£10k

6avg. employees

Balance Sheet

Assets less current liabilities£1.3M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
202425.38+£24k
202313.29—

Derived from filed accounts. Not audited figures.