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Neutex International Limited

04058590

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

11 WOODFORD AVENUE, ILFORD, IG2 6UF
Incorporated 23/08/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade

Officers

Mr Farrukh Butt

director · Since 30/08/2000

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 3 other boards

Mrs Humera Riaz

secretary · Since 14/11/2007

BRITISH · ENGLAND · Age 51

Persons with Significant Control

Mrs Humera Riaz

Significant control

British · England · Age 51

125, Levett Gardens, Ilford, IG3 9BX

Notified 06/04/2016

Mr Farrukh Butt

Significant control

British · England · Age 55

125, Levett Gardens, Ilford, IG3 9BX

Notified 06/04/2016

Mr Mohammed Rashad Najeeb

Significant control

British · England · Age 56

41, Buller Road, London, N17 9BH

Notified 06/04/2016

Mrs Shagufta Rashad

Significant control

British · England · Age 51

41, Buller Road, London, N17 9BH

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

HSBC BANK PLC

Created 14/03/2018Registered 16/03/2018
Charge
outstanding

HSBC BANK PLC

Created 14/03/2018Registered 16/03/2018
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 13/08/2001Registered 24/08/2001

CompanyRankvs 660+ SIC 46900 peers
77

Financial strength94th percentile among SIC peers · 24/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 6.17× · 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 strength24/25 pts

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

Employees13/15 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 31/08/2024

Net Worth

£1.4M

Balance sheet strength

Cash

£61k

Cash in the bank

Net Current Assets

£1.5M

Working capital

Current Assets

£1.7M

Current Liabilities

£282k

Debtors

£680k

5avg. employees

Balance Sheet

Bank loans & overdrafts£103k
Assets less current liabilities£1.5M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20246.17+£61k
20234.34+£151k
20228.31+£79k
20214.50-£426k
20207.58-£193k
20196.31-£70k
20185.59+£9k
20174.69

Derived from filed accounts. Not audited figures.