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Riddhi Fashions Limited

04423753

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

6 CROSS STREET, LE4 5BA
Incorporated 24/04/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46420
Wholesale of clothing and footwear
47710
Retail sale of clothing in specialised stores

Officers

Mrs Bhartiben Ketankumar Patel

director · Since 01/02/2013

SALES ASSISTANT

BRITISH · ENGLAND · Age 64

Mr Ketankumar Patel

director · Since 01/02/2013

RETAIL SALESMAN

BRITISH · ENGLAND · Age 66

Persons with Significant Control

Mr Ketankumar Patel

25–50% shares
25–50% votes

British · England · Age 66

6 Cross Street, LE4 5BA

Notified 06/04/2016

Mrs Bhartiben Ketankumar Patel

25–50% shares
25–50% votes

British · England · Age 64

6 Cross Street, LE4 5BA

Notified 06/04/2016

CompanyRankvs 4369+ SIC 46420 peers
48

Financial strength4th percentile among SIC peers · 1/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.93× · 6/20
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 strength1/25 pts

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

Employees11/15 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 31/03/2023

Net Worth

-£109k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£22k

Working capital

Current Assets

£316k

Current Liabilities

£338k

Fixed Assets

£371

2avg. employees+2

Balance Sheet

Assets less current liabilities-£22k
Prepared with Sage Accounts Production 21.0 - FRS102_2021

EstimatesDerived

YearCurrent RatioImplied Profit
20230.93-£42k
20221.05-£28k
20211.14

Derived from filed accounts. Not audited figures.