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Fashions & Novelties Limited

01246122

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

72B GEORGE LANE, SOUTH WOODFORD, E18 1JJ
Incorporated 26/02/1976

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 19/04/2026

Due 03/05/2027

On track

Industry

41100
Development of building projects

Officers

Mr Raj Kumar Kundra

director · Since 21/06/2021

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 74

Also on 6 other boards

Persons with Significant Control

Mr Raj Kumar Kundra

25–50% shares

British · United Kingdom · Age 74

72b, George Lane, South Woodford, E18 1JJ

Notified 28/12/2020

Former PSCs

Mr Bashambar Dass Kundra

Ceased 28/12/2020

Charges2 outstanding

charge
satisfied

BANK OF CREDIT AND COMMERCE INTERNATIONAL SOCIETE ANONYME

Created 27/11/1989Registered 06/12/1989Satisfied 28/03/2002
charge
outstanding

BARCLAYS BANK PLC

Created 27/07/1981Registered 03/08/1981
charge
outstanding

BARCLAYS BANK PLC

Created 27/07/1981Registered 31/07/1981
charge
satisfied

BANK OF CREDIT AND COMMERCE INTERNATIONAL S.A.

Created 20/09/1979Registered 27/09/1979Satisfied 28/03/2002
charge
satisfied

TWENTIETH CENTURY BANKING CORPORATION LIMITED

Created 20/09/1979Registered 27/09/1979Satisfied 28/03/2002
charge
satisfied

BANK OF CREDIT AND COMMERCE INTERNATIONAL S.A.

Created 17/08/1979Registered 30/08/1979Satisfied 28/03/2002

CompanyRankvs 13210+ SIC 41100 peers
58

Financial strength63th percentile among SIC peers · 16/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 9.64× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength16/25 pts

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

Employees2/15 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.

Risk deductions

Outstanding charges: -10 pts

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

£10k

Balance sheet strength

Cash

£488

Cash in the bank

Net Current Assets

£2.1M

Working capital

Current Assets

£2.4M

Current Liabilities

£246k

Debtors

£2.4M

0avg. employees-1
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20249.64+£0
20239.64+£0
20229.65+£0
20219.66+£0
20209.69+£0
2019+£0
20189.75+£0
20179.80

Derived from filed accounts. Not audited figures.