S.R.G. Apparel Plc
03689774
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 6 outstanding charges (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 29/12/1998
ADMINISTRATOR
BRITISH · UNITED KINGDOM · Age 70
Also on 2 other boards
director · Since 29/12/1998
MANAGING DIRECTOR
BRITISH · UNITED KINGDOM · Age 71
Also on 6 other boards
director · Since 21/12/2016
FINANCE DIRECTOR
BRITISH · ENGLAND · Age 61
Also on 4 other boards
Persons with Significant Control
Mr Rajesh Kumar Passi
British · England · Age 71
Unit 14, Park Seventeen, Manchester, M45 8FJ
Notified 06/04/2016
Mrs Nita Passi
British · England · Age 70
Unit 14, Park Seventeen, Manchester, M45 8FJ
Notified 06/04/2016
Charges6 outstanding
HSBC UK BANK PLC
HSBC BANK PLC
HSBC BANK PLC
HSBC INVOICE FINANCE (UK) LIMITED
MIDLAND BANK PLC
TOWNSON ESTATES PLC
CompanyRankvs 53+ SIC 46420 peers70
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect t
Key FinancialsYear ending 31/03/2025
Turnover
£41.1M
Annual revenue
Net Worth
£10.8M
Balance sheet strength
Cash
£93k
Cash in the bank
Profit Before Tax
£855k
Bottom line earnings
Net Current Assets
£10.6M
Working capital
Current Assets
£16.6M
Current Liabilities
£6.0M
Fixed Assets
£254k
Debtors
£6.2M
Cost of Sales
£30.9M
Gross Profit
£10.2M
Admin Expenses
£2.4M
Profit After Tax
£632k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.76 | +£632k |
| 2024 | 3.44 | +£1.4M |
| 2023 | 2.01 | +£615k |
| 2022 | 2.84 | — |
Derived from filed accounts. Not audited figures.