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Mitali Enterprises Limited

01860629

active
Private Limited Company
england wales
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

17 PLUMBERS ROW, LONDON, E1 1EQ
Incorporated 02/11/1984

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 26/11/2025

Due 10/12/2026

On track

Industry

68100
Buying and selling of own real estate

Officers

Wahid Murad Azad

director · Since 03/02/2003

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 1 other board

Shaheen Ali

secretary · Since 06/06/2005

BRITISH · UNITED KINGDOM · Age 58

Also on 1 other board

Persons with Significant Control

Mr Wahid Murad Azad

75–100% shares

British · England · Age 53

17, Plumbers Row, London, E1 1EQ

Notified 06/04/2016

Charges3 outstanding

charge
outstanding

MIDLAND BANK PLC

Created 02/09/1999Registered 08/09/1999
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 13/03/1987Registered 19/03/1987
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 13/03/1987Registered 19/03/1987
charge
satisfied

BARCLAYS BANK PLC

Created 01/03/1985Registered 13/03/1985
charge
satisfied

BARCLAYS BANK PLC

Created 04/02/1985Registered 11/02/1985

CompanyRankvs 7212+ SIC 68100 peers
66

Financial strength92th percentile among SIC peers · 23/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 4.34× · 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 strength23/25 pts

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

Employees3/15 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 31/05/2025

Net Worth

£411k

Balance sheet strength

Cash

£223k

Cash in the bank

Net Current Assets

£187k

Working capital

Current Assets

£242k

Current Liabilities

£56k

Fixed Assets

£229k

Debtors

£19k

0avg. employees

Balance Sheet

Bank loans & overdrafts£5k
Assets less current liabilities£416k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20254.34+£75k
20241.91+£60k
20231.38+£79k
20220.94+£13k
20210.80+£6k
20200.94+£35k
20190.65+£21k
20180.68

Derived from filed accounts. Not audited figures.