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Designs U.S.A. Limited

03586460

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

C/O RRS, S&W PARTNERS LLP, 45, LONDON, EC2V 7BG
Incorporated 24/06/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47190
Other retail sale in non-specialised stores

Officers

Mr Ishpal Singh Johar

director · Since 15/06/2001

DIRECTOR

CANADIAN · UNITED KINGDOM · Age 51

Mr Perminder Singh Johar

director · Since 29/05/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 4 other boards

Persons with Significant Control

Stonebridge 25 Limited

75–100% shares

98 Lynmouth Crescent, Furzton, Milton Keynes, MK4 1HD

Reg: 11276111 · England & Wales · Limited Liability

Notified 14/09/2019

Former PSCs

Mr Ishpal Singh Johar

Ceased 14/09/2019

Mr Perminder Singh Johar

Ceased 14/09/2019

Charges6 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 22/09/2010Registered 01/10/2010
charge
outstanding

BARCLAYS BANK PLC

Created 13/11/2009Registered 18/11/2009
charge
outstanding

CITY NORTH ISLINGTON LIMITED

Created 22/01/2008Registered 24/01/2008
charge
outstanding

BARCLAYS BANK PLC

Created 26/10/2007Registered 13/11/2007
charge
outstanding

CITY NORTH ISLINGTON LIMITED

Created 28/03/2006Registered 07/04/2006
charge
outstanding

BARCLAYS BANK PLC

Created 31/07/2003Registered 07/08/2003

CompanyRankvs 15+ SIC 47190 peers
22

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.01× · 2/20
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 strength0/25 pts

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

Employees0/15 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 30/06/2024

Net Worth

£100

Balance sheet strength

Cash

£1

Cash in the bank

Net Current Assets

-£376k

Working capital

Current Assets

£3k

Current Liabilities

£379k

Fixed Assets

£27k

Debtors

£3k

3avg. employees

Balance Sheet

Assets less current liabilities-£350k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.01
20230.02
20220.11+£100k
20210.05-£371k
20201.39-£21k
20190.85-£31k
20180.53

Derived from filed accounts. Not audited figures.