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Mydar Trading Co. Limited

04092308

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

2 WHEELEYS ROAD, BIRMINGHAM, B15 2LD
Incorporated 18/10/2000

Compliance

Last accounts

28/07/2024

micro entity

Next accounts due

28/07/2026

On track

Confirmation statement

Last: 18/10/2025

Due 01/11/2026

On track

Industry

47240
Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores

Officers

Mr Mukhan Singh

director · Since 18/10/2000

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 12 other boards

Persons with Significant Control

Mr Mukhan Singh

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

British · England · Age 53

93 Reddings Road, Moseley, Birmingham, B13 8LP

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

HSBC BANK PLC

Created 10/11/2003Registered 12/11/2003Satisfied 12/07/2010

CompanyRankvs 1421+ SIC 47240 peers
57

Financial strength90th percentile among SIC peers · 23/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.42× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

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

Employees2/15 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.

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

Key FinancialsYear ending 28/07/2024

Net Worth

£107k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£134k

Working capital

Current Assets

£97k

Current Liabilities

£231k

Fixed Assets

£27k

0avg. employees-1

Tax at Year End(2023)

VAT£2k

Director Loans(2023)

Company owes directors£180k

Balance Sheet

Assets less current liabilities£107k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.42+£202k
20230.47+£48k£34k
20220.44-£573
20210.44+£40k
20200.37
20190.26

Derived from filed accounts. Not audited figures.