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Mashco Limited

03338088

active
Private Limited Company
Companies House
Health Score
55 / 100

Notable Risks

25/30
Filing
0/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 7 outstanding charges (-10)

Details

17 COLONIAL WAY, WATFORD, WD24 4PT
Incorporated 21/03/1997

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46439
46439
46450
Wholesale of perfume and cosmetics
46900
Non-specialised wholesale trade

Officers

Mr Jayant Kumar Gokaldas Mashru

director · Since 29/04/1997

COMPANY DIRECTOR

BRITISH · Age 67

Mr Jiten Niraj Jayant Mashru

director · Since 26/10/2021

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 2 other boards

Persons with Significant Control

Peacock Violet Limited

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

17, Colonial Way, Watford, WD24 4PT

Reg: 13694334 · Companies House Register (Uk) · Private Company Limited By Shares

Notified 26/10/2021

Former PSCs

Jayant Kumar Gokaldas Mashru

Ceased 26/10/2021

Charges7 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 08/10/2024Registered 09/10/2024
Charge
outstanding

HSBC UK BANK PLC

Created 20/05/2024Registered 23/05/2024
Charge
outstanding

JAYANT MASHRU

Created 07/11/2022Registered 07/11/2022
Charge
outstanding

JAYANT MASHRU

Created 26/10/2021Registered 03/11/2021
charge
outstanding

HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER")

Created 15/11/2011Registered 17/11/2011
charge
satisfied

HSBC BANK PLC

Created 23/04/2008Registered 25/04/2008Satisfied 21/05/2026
charge
outstanding

HSBC INVOICE FINANCE (UK) LIMITED

Created 15/09/2000Registered 16/09/2000
charge
outstanding

HSBC BANK PLC

Created 15/06/2000Registered 17/06/2000

CompanyRankvs 22+ SIC 46439 peers
68

Financial strength97th percentile among SIC peers · 24/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 6.31× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

20% straight lineGains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of comprehensive income. Other accounting policies Going concernIn preparing the financial statements the directors are required to assess the company’s ability to continue to as a going concern for the foreseeable future.In undertaking this assessmen

Key FinancialsYear ending 31/08/2023

Net Worth

£4.6M

Balance sheet strength

Cash

£482k

Cash in the bank

Net Current Assets

£4.5M

Working capital

Current Assets

£5.4M

Current Liabilities

£857k

Fixed Assets

£90k

Debtors

£2.5M

18avg. employees

Balance Sheet

Assets less current liabilities£4.6M
Signed by 2022-09-01Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20236.31

Derived from filed accounts. Not audited figures.