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Euro Fashion Manufacturing Co. Ltd

02703810

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

KIRKLAND HOUSE FIRST FLOOR, HARROW, HA1 2AX
Incorporated 03/04/1992

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

14131
Manufacture of men's outerwear

Officers

Mr Narain Hotchand Gangaramani

director · Since 03/04/1992

BUSINESSMAN

BRITISH · U.A.E. · Age 80

Also on 1 other board

Mr Anmol Gangaramani

director · Since 23/04/1992

BUSINESSMAN

BRITISH · UNITED ARAB EMIRATES · Age 54

Mrs Maya Gangaramani

director · Since 01/10/2009

COMPANY OFFICIAL

BRITISH · U.A.E. · Age 80

Persons with Significant Control

Mr Narain Hotchand Gangaramani

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

British · U.A.E. · Age 80

Kirkland House, First Floor, Harrow, HA1 2AX

Notified 06/04/2016

Mrs Maya Gangaramani

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

British · U.A.E. · Age 80

Kirkland House, First Floor, Harrow, HA1 2AX

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

HSBC BANK PLC

Created 13/06/2014Registered 14/06/2014
charge
satisfied

BARCLAYS BANK PLC

Created 08/08/2003Registered 16/08/2003Satisfied 30/04/2013

CompanyRankvs 420+ SIC 14131 peers
36

Financial strength2th percentile among SIC peers · 1/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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420Euro Fashion Manufacturing Co. Ltd
46
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.

Employees13/15 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.

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 31/03/2024

Net Worth

-£244k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£235k

Working capital

Current Assets

£8k

Current Liabilities

£244k

Fixed Assets

£3k

3avg. employees

Balance Sheet

Assets less current liabilities-£232k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.03-£3k
20230.04-£471k
20220.04+£17k
20210.38—

Derived from filed accounts. Not audited figures.