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Lite-Mart Limited

04118510

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

OFFICE 1 HATHERTON COURT, WALSALL, WS4 2LA
Incorporated 01/12/2000

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 13/11/2025

Due 27/11/2026

On track

Industry

47250
Retail sale of beverages in specialised stores
68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mrs Gurinder Kaur Gandham

secretary · Since 01/12/2000

COMPANY SECRETARY

BRITISH · UNITED KINGDOM · Age 70

Also on 17 other boards

Mr Gurdev Singh Gandham

director · Since 01/12/2000

ENGINEER

BRITISH · ENGLAND · Age 72

Also on 7 other boards

Mrs Gurinder Kaur Gandham

director · Since 01/12/2000

SECRETARY

BRITISH · UNITED KINGDOM · Age 70

Also on 17 other boards

Persons with Significant Control

Mr Gurdev Singh Gandham

25–50% shares
25–50% votes

British · England · Age 72

Office 1 Hatherton Court, 21 Hatherton Street, Walsall, WS4 2LA

Notified 01/12/2016

Mrs Gurinder Kaur Gandham

25–50% shares
25–50% votes

British · United Kingdom · Age 70

Rushall Hall, Rushall Manor, Walsall, WS4 2DS

Notified 01/11/2017

Mr Gurnaik Singh Gandham

25–50% shares
25–50% votes

British · England · Age 43

Rushall Hall, Leigh Road, Walsall, WS4 2DS

Notified 01/11/2017

CompanyRankvs 949+ SIC 47250 peers
60

Financial strength85th percentile among SIC peers · 21/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.22× · 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 strength21/25 pts

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

Employees7/15 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 31/12/2024

Net Worth

£66k

Balance sheet strength

Cash

£29k

Cash in the bank

Net Current Assets

-£565k

Working capital

Current Assets

£156k

Current Liabilities

£722k

Fixed Assets

£818k

Debtors

£127k

2avg. employees

Tax at Year End(2020)

Corp tax£14k
VAT£585

Director Loans(2020)

Company owes directors£532k

Balance Sheet

Assets less current liabilities£253k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.22+£15k
20230.01-£32k
20220.05+£74k
20210.17+£258k
20200.04+£73k£12k
20190.01+£19k£4k
20180.18£39k

Derived from filed accounts. Not audited figures.