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Akar (U.K.) Limited

03290658

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)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

11 FOLKINGTON CORNER, LONDON, N12 7BH
Incorporated 11/12/1996

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46410
Wholesale of textiles
46420
Wholesale of clothing and footwear
74100
Specialised design activities

Officers

Jayan Ramesh Shah

director · Since 11/12/1996

MANAGER

BRITISH · ENGLAND · Age 53

Lalita Shah

director · Since 11/12/1996

SALES

BRITISH · ENGLAND · Age 77

Mr Jayan Ramesh Shah

secretary · Since 08/12/2018

Persons with Significant Control

Mr Jayan Ramesh Shah

75–100% shares
75–100% votes

British · England · Age 53

11, Folkington Corner, London, N12 7BH

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 22/07/1997Registered 28/07/1997

CompanyRankvs 247+ SIC 46410 peers
71

Financial strength85th percentile among SIC peers · 21/25
Employees67th percentile among SIC peers · 10/15
LiquidityCurrent ratio 7.57× · 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 strength21/25 pts

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

Employees10/15 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

£157k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£166k

Working capital

Current Assets

£192k

Current Liabilities

£25k

Fixed Assets

£605

2avg. employees+1

Balance Sheet

Assets less current liabilities£167k
Signed by Company Registration No. 03290658Prepared with Comdal Limited - EasyDigitalFiling.com

EstimatesDerived

YearCurrent RatioImplied Profit
20247.57+£96k
20234.18+£44k
20212.41

Derived from filed accounts. Not audited figures.