Memo Fashions Limited
01810877
Some Concerns
- Going concern doubt noted in accounts (-10)
- 4 outstanding charges (-8)
Details
Compliance
Last accounts
31/03/2025
group
Next accounts due
31/12/2026
Confirmation statement
Last: 26/02/2026
Due 12/03/2027
Industry
Officers
director · Since 30/09/1990
COMPANY DIRECTOR
BRITISH · UNITED ARAB EMIRATES · Age 79
director · Since 24/12/1997
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 79
Also on 3 other boards
director · Since 01/09/2001
DIRECTOR
BRITISH · UNITED KINGDOM · Age 50
Also on 4 other boards
Persons with Significant Control
Mr Prateek Banthia
British · United Kingdom · Age 50
Kantar Building, 3rd Floor, Westgate, London, W5 1UA
Notified 28/10/2024
Former PSCs
Mr Nirmal Kumar Banthia
Ceased 28/10/2024
Charges4 outstanding
HSBC UK BANK PLC
HSBC BANK PLC
HSBC INVOICE FINANCE (UK) LIMITED
HSBC BANK PLC
CANARA BANK
CANARA BANK
CANARA BANK
CANARA BANK.
CANARA BANK
CompanyRankvs 109+ SIC 14132 peers58
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/03/2025
Net Worth
£1.0M
Balance sheet strength
Cash
£4.0M
Cash in the bank
Net Current Assets
£6.1M
Working capital
Current Assets
£8.0M
Current Liabilities
£1.9M
Fixed Assets
£41k
Debtors
£3.5M
Cost of Sales
£12.6M
Admin Expenses
£1.7M
Profit After Tax
£277k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 4.18 | +£0 |
| 2022 | 6.76 | — |
Derived from filed accounts. Not audited figures.