Back to search

Update Fashions Limited

02262676

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

4TH FLOOR PARK GATE, BRIGHTON, BN1 6AF
Incorporated 27/05/1988

Compliance

Last accounts

30/06/2025

total exemption full

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 08/11/2025

Due 22/11/2026

On track

Industry

41100
Development of building projects
68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Kalavanti Gudka

secretary · Since 07/11/1991

BRITISH · ENGLAND · Age 74

Also on 15 other boards

Kalavanti Gudka

director · Since 07/11/1991

BUYER

BRITISH · ENGLAND · Age 74

Also on 15 other boards

Mr Mahendra Mulchand Gudka

director · Since 07/11/1991

PHARMACIST

BRITISH · ENGLAND · Age 73

Also on 8 other boards

Mr Millan Mahendra Gudka

director · Since 01/11/2016

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 31/08/2016

Charges0 outstanding

Charge
satisfied

LLOYDS BANK PLC

Created 03/03/2020Registered 04/03/2020Satisfied 23/06/2023
Charge
satisfied

LLOYDS BANK PLC

Created 03/03/2020Registered 04/03/2020Satisfied 23/06/2023
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 13/02/2017Registered 14/02/2017Satisfied 04/03/2020
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 24/01/2017Registered 02/02/2017Satisfied 04/03/2020

CompanyRankvs 34804+ SIC 41100 peers
52

Financial strength30th percentile among SIC peers · 8/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.09× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength8/25 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.

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.

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

Key FinancialsYear ending 30/06/2025

Net Worth

£2

Balance sheet strength

Cash

£46k

Cash in the bank

Net Current Assets

£39k

Working capital

Current Assets

£450k

Current Liabilities

£411k

Debtors

£4k

0avg. employees

Tax at Year End

Corp tax£9k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.09
20240.98
20230.94+£273k
20221.14+£59k
20211.35-£9k
20202.34
20190.89

Derived from filed accounts. Not audited figures.