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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

31/12/2025

total exemption full

Next accounts due

30/09/2027

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 71

Also on 17 other boards

Mr Gurdev Singh Gandham

director · Since 01/12/2000

ENGINEER

BRITISH · ENGLAND · Age 73

Also on 7 other boards

Mrs Gurinder Kaur Gandham

director · Since 01/12/2000

SECRETARY

BRITISH · UNITED KINGDOM · Age 71

Also on 17 other boards

Persons with Significant Control

Mr Gurdev Singh Gandham

25–50% shares
25–50% votes

British · England · Age 73

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 71

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 878+ SIC 47250 peers
65

Financial strength88th percentile among SIC peers · 22/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.58× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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878Lite-Mart Limited
61
How is this score calculated?
Financial strength22/25 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.

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.

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

Key FinancialsYear ending 31/12/2025

Net Worth

£85k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

-£284k

Working capital

Current Assets

£395k

Current Liabilities

£680k

Fixed Assets

£530k

Debtors

£385k

2avg. employees

Balance Sheet

Assets less current liabilities£246k
Signed by Mrs G K Gandham 31/05/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.58+£19k
20240.22+£15k
20230.01—

Derived from filed accounts. Not audited figures.