Back to search

Supalex Limited

03625241

active
ltd
england wales
Companies House
Insolvency history
Health Score
51 / 100

Notable Risks

25/30
Filing
10/30
Financial
16/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Active insolvency proceedings (-20)
  • 2 outstanding charges (-4)

Details

167-169 Great Portland Street Great Portland Street, London, W1W 5PF
Incorporated 02/09/1998

Previously known as

Latif Group Limited · until 21/06/2024
Latif International Limited · until 19/10/2022
Innomax Limited · until 04/11/1999

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 11/09/2025

Due 25/09/2026

On track

Industry

13931
Manufacture of woven or tufted carpets and rugs
46470
Wholesale of furniture, carpets and lighting equipment
90040
Operation of arts facilities

Officers

Mr Timothy John Brady

director · Since 27/09/2024

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 1 other board

Timothy John Brady

director · Since 27/09/2024

British · England · Age 52

Former

Abdul Abraham Latif

director · Resigned 07/01/2018

Latifa Latif

director · Resigned 27/09/2024

Persons with Significant Control

Dr Abdul Abraham Latif

50–75% shares

British · England · Age 77

167-169 Great Portland Street, Great Portland Street, London, W1W 5PF

Notified 18/08/2016

Charges2 outstanding

Charge
outstanding

HSBC BANK PLC

Created 10/10/2014Registered 14/10/2014
Charge
outstanding

HSBC BANK PLC

Created 21/07/2014Registered 21/07/2014

Insolvency History1 case

compulsory liquidation21/12/2022

The Official Receiver Or Southend (practitioner)

Change History

statusactive
2026-06-24

Active

typeltd
2026-06-24

Private Limited Company

address line1167-169 Great Portland Street Great Portland Street
2026-06-24

GEMMA HOUSE

post townLondon
2026-06-24

LONDON

postcodeW1W 5PF
2026-06-24

NW8 8SS

CompanyRankvs 40+ SIC 13931 peers
42

Financial strength81th percentile among SIC peers · 20/25
Employees38th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.9× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
Show leaderboard
How is this score calculated?
Financial strength20/25 pts

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

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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

Insolvency history: -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

£204k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£738k

Working capital

Current Assets

£6.6M

Current Liabilities

£7.3M

Fixed Assets

£1.3M

1avg. employees

Balance Sheet

Assets less current liabilities£564k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.90-£50k
20230.90

Derived from filed accounts. Not audited figures.