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Classic India Limited

02980504

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

FYVES COURT, NUNEATON, CV10 0SB
Incorporated 19/10/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46420
Wholesale of clothing and footwear

Officers

Arti Lakhanpaul

director · Since 19/10/1994

CLOTHIER

BRITISH · ENGLAND · Age 72

Also on 1 other board

Persons with Significant Control

Arti Lakhanpaul

75–100% shares
75–100% votes
Appoint directors

British · England · Age 72

Fyves Court, Watling Street, Nuneaton, CV10 0SB

Notified 06/04/2016

CompanyRankvs 3868+ SIC 46420 peers
48

Financial strength3th percentile among SIC peers · 1/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Employees15/15 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 31/05/2021

Net Worth

-£136k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£94k

Working capital

Current Assets

£2k

Current Liabilities

£112k

16avg. employees

Balance Sheet

Assets less current liabilities-£94k
Prepared with Sage Accounts Production 2020 Update 1 - FRS102_2019

EstimatesDerived

YearCurrent RatioImplied Profit
20210.02-£239k
20190.55+£70k
2018Infinity

Derived from filed accounts. Not audited figures.