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Shahtex (Leicester) Limited

02209700

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

KRISHNA BUILDINGS, LEICESTER, LE4 9JJ
Incorporated 04/01/1988

Compliance

Last accounts

31/12/2024

unaudited abridged

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 31/03/2026

Due 14/04/2027

On track

Industry

13100
Preparation and spinning of textile fibres
13910
Manufacture of knitted and crocheted fabrics
46410
Wholesale of textiles

Officers

Mr Pramod Shah

director · Since 26/10/1991

CLOTHING MANUFACTURER

BRITISH · UNITED KINGDOM · Age 67

Also on 3 other boards

Shital Shah

secretary · Since 01/08/1994

BRITISH · UNITED KINGDOM · Age 63

Also on 3 other boards

Mr Tejas Shah

director · Since 21/10/2020

SALES DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Also on 3 other boards

Persons with Significant Control

Mr Pramod Shah

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 67

Krishna Buildings, 7 Claymill Road, Leicester, LE4 9JJ

Notified 06/04/2016

Mr Tejas Shah

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 39

Krishna Buildings, 7 Claymill Road, Leicester, LE4 9JJ

Notified 01/02/2021

Former PSCs

Mr Kundan Shah

Ceased 01/02/2021

Charges0 outstanding

charge
satisfied

BARCLAYS BANK PLC

Created 25/01/1994Registered 03/02/1994Satisfied 07/09/2020

CompanyRankvs 125+ SIC 13100 peers
45

Financial strength3th percentile among SIC peers · 1/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.1× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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125Shahtex (Leicester) Limited
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How is this score calculated?
Financial strength1/25 pts

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

Employees12/15 pts

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

Liquidity2/20 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 31/12/2024

Net Worth

-£339k

Balance sheet strength

Cash

£873

Cash in the bank

Net Current Assets

-£398k

Working capital

Current Assets

£43k

Current Liabilities

£441k

Fixed Assets

£89k

Debtors

£42k

10avg. employees-1

Balance Sheet

Assets less current liabilities-£309k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.10-£224k
20230.63-£81k
20220.68-£200k
20211.45-£152k
20202.94—
20192.39—
20181.65—
20171.62—

Derived from filed accounts. Not audited figures.