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Manchester Clothing Co. Limited

01486839

active
Private Limited Company
england wales
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

28 KNOWSLEY STREET, MANCHESTER, M8 8HQ
Incorporated 21/03/1980

Compliance

Last accounts

31/03/2024

micro entity

Next accounts due

27/06/2026

On track

Confirmation statement

Last: 31/12/2025

Due 14/01/2027

On track

Industry

46420
Wholesale of clothing and footwear
47190
Other retail sale in non-specialised stores
47710
Retail sale of clothing in specialised stores

Officers

Mr Zahid Shafi

director · Since 08/11/2006

CLOTHIER

BRITISH · ENGLAND · Age 61

Also on 5 other boards

Persons with Significant Control

Mr Zahid Shafi

75–100% shares
75–100% votes
Appoint directors

British · England · Age 61

28 Knowsley Street, Manchester, M8 8HQ

Notified 17/10/2025

Former PSCs

Mr Mohammed Shafi

Ceased 17/10/2025

Charges3 outstanding

Charge
outstanding

HABIB BANK ZURICH PLC

Created 23/03/2018Registered 28/03/2018
charge
outstanding

HABIB BANK AG ZURICH

Created 01/07/1997Registered 02/07/1997
charge
outstanding

HABIB BANK AG ZURICH

Created 01/07/1997Registered 02/07/1997

CompanyRankvs 706+ SIC 46420 peers
68

Financial strength86th percentile among SIC peers · 22/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.03× · 12/20
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 strength22/25 pts

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

Employees14/15 pts

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

Liquidity12/20 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 31/03/2024

Net Worth

£73k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£30k

Working capital

Current Assets

£1.0M

Current Liabilities

£1.0M

Fixed Assets

£50k

8avg. employees-1

Balance Sheet

Assets less current liabilities£80k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20241.03-£33k
20231.06

Derived from filed accounts. Not audited figures.