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Update Casualwear Limited

01753675

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

4TH FLOOR, PARK GATE, BRIGHTON, BN1 6AF
Incorporated 16/09/1983

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Kalavanti Gudka

secretary · Since 30/12/1991

BRITISH · ENGLAND · Age 74

Also on 15 other boards

Kalavanti Gudka

director · Since 30/12/1991

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 74

Also on 15 other boards

Mr Mahendra Mulchand Gudka

director · Since 30/12/1991

PHARMACIST

BRITISH · ENGLAND · Age 73

Also on 8 other boards

Mr Millan Mahendra Gudka

director · Since 11/12/2013

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 1 other board

Persons with Significant Control

Mr Mahendra Mulchand Gudka

25–50% shares

British · England · Age 73

4th Floor,, Park Gate, Brighton, BN1 6AF

Notified 06/04/2016

Mr Millan Mahendra Gudka

25–50% shares

British · England · Age 47

4th Floor,, Park Gate, Brighton, BN1 6AF

Notified 28/03/2017

Kalavanti Gudka

25–50% shares

British · England · Age 74

4th Floor,, Park Gate, Brighton, BN1 6AF

Notified 01/05/2018

Former PSCs

Kalavanti Gudka

Ceased 28/03/2017

Charges0 outstanding

charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 19/11/1999Registered 22/11/1999Satisfied 03/03/2022
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 06/01/1992Registered 13/01/1992Satisfied 24/08/2023
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 13/08/1991Registered 16/08/1991Satisfied 24/08/2023

CompanyRankvs 7466+ SIC 96090 peers
77

Financial strength99th percentile among SIC peers · 25/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 9.01× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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7466Update Casualwear Limited
77
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.

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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£3.5M

Balance sheet strength

Cash

£1.1M

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£1.4M

Current Liabilities

£160k

Fixed Assets

£2.3M

Debtors

£339k

0avg. employees

Tax at Year End

Corp tax£49k

Balance Sheet

Assets less current liabilities£3.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20259.01+£147k
20242.28+£150k
20232.36+£211k
20222.19+£117k
20212.16+£124k
20201.96—

Derived from filed accounts. Not audited figures.