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Shasonic Limited

02780417

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

LINKSWAY HOUSE, NORTHWOOD, HA6 2XB
Incorporated 18/01/1993

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 12/01/2026

Due 26/01/2027

On track

Industry

47430
Retail sale of audio and video equipment in specialised stores

Officers

Mr Narendra Dalsukhbhai Shah

director · Since 18/01/1993

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 71

Also on 4 other boards

Persons with Significant Control

Mr Narendra Dalsukhbhai Shah

75–100% shares
75–100% votes

British · England · Age 71

Linksway House, 38 Linksway, Northwood, HA6 2XB

Notified 06/04/2016

Charges3 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 10/12/2004Registered 22/12/2004
charge
outstanding

BARCLAYS BANK PLC

Created 07/03/1995Registered 23/03/1995
charge
outstanding

BARCLAYS BANK PLC

Created 30/12/1994Registered 10/01/1995

CompanyRankvs 81+ SIC 47430 peers
70

Financial strength98th percentile among SIC peers · 25/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 253.83× · 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 strength25/25 pts

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

Employees5/15 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 31/12/2024

Net Worth

£1.6M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£1.7M

Working capital

Current Assets

£1.7M

Current Liabilities

£7k

1avg. employees

Tax at Year End(2020)

VAT£2k

Balance Sheet

Assets less current liabilities£1.7M
Signed by N D Shah 30 September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
2024253.83-£1k
2023254.04+£16k
2021235.34+£24k
202011.27-£808£43k
20198.43+£4k£32k
20187.24+£31k£62k
20176.89£109k

Derived from filed accounts. Not audited figures.