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Welcome Wholesalers Limited

04202053

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

194 KILBURN HIGH ROAD, NW6 4JD
Incorporated 19/04/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47620
Retail sale of newspapers and stationery in specialised stores

Officers

Mr Narendra Sheth

director · Since 20/04/2001

STATIONERS

BRITISH · ENGLAND · Age 69

Mrs Rita Narendra Sheth

secretary · Since 28/04/2001

STATIONERS

BRITISH · UNITED KINGDOM · Age 64

Rita Narendra Sheth

director · Since 28/04/2001

STATIONERS

BRITISH · UNITED KINGDOM · Age 64

Mr Majid Qayoom

director · Since 24/06/2022

DIRECTOR

BRITISH · ENGLAND · Age 40

Persons with Significant Control

Mr Narendra Sheth

25–50% shares

British · England · Age 69

194 Kilburn High Road, NW6 4JD

Notified 01/09/2016

Charges0 outstanding

charge
satisfied

HSBC BANK PLC

Created 20/09/2001Registered 03/10/2001Satisfied 19/10/2015

CompanyRankvs 552+ SIC 47620 peers
61

Financial strength53th percentile among SIC peers · 13/25
Employees42th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.18× · 12/20
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 strength13/25 pts

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

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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 31/08/2025

Net Worth

£7k

Balance sheet strength

Cash

£37

Cash in the bank

Net Current Assets

£4k

Working capital

Current Assets

£28k

Current Liabilities

£23k

Fixed Assets

£34k

Debtors

£3k

2avg. employees

Tax at Year End

Corp tax£10k
VAT£836

Director Loans

Company owes directors£125
Directors owe company£9k

Balance Sheet

Assets less current liabilities£39k
Signed by Mrs Rita Sheth Mr Narendra Sheth Mr MAJID QAYYOOM 20/05/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20251.18-£7k£17k
20241.21-£7k£18k
20232.19-£531£20k
20222.76+£3k
20212.11

Derived from filed accounts. Not audited figures.