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Ahmed Bros Limited

04627225

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

1 BELLE VUE AVENUE, MANCHESTER, M12 4AS
Incorporated 02/01/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46390
Non-specialised wholesale of food, beverages and tobacco
46900
Non-specialised wholesale trade

Officers

Mr Saghir Ahmed

secretary · Since 16/03/2009

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 15 other boards

Mr Saghir Ahmed

director · Since 16/03/2009

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 15 other boards

Mr Tanveer Ahmed

director · Since 01/02/2014

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 1 other board

Mr Fessor Bashir

director · Since 01/02/2014

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 2 other boards

Mr Imran Bashir

director · Since 01/01/2015

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 1 other board

Persons with Significant Control

Mr Saghir Ahmed

75–100% shares

British · England · Age 52

1, Belle Vue Avenue, Manchester, M12 4AS

Notified 06/04/2016

Charges3 outstanding

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outstanding

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CompanyRankvs 269+ SIC 46390 peers
60

Financial strength97th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.27× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/07/2024

Net Worth

£3.0M

Balance sheet strength

Cash

£1.9M

Cash in the bank

Profit Before Tax

£1.2M

Bottom line earnings

Net Current Assets

£918k

Working capital

Current Assets

£4.3M

Current Liabilities

£3.4M

Fixed Assets

£3.9M

Debtors

£1.6M

Cost of Sales

£14.3M

Admin Expenses

£1.3M

Profit After Tax

£906k

27avg. employees+3

Tax at Year End

Corp tax£327k
Dividends paid£140k

People Costs

Wages & salaries£527k

Balance Sheet

Bank loans & overdrafts£1.7M
Assets less current liabilities£4.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.27+£766k
20230.87+£670k
20220.98+£455k
20210.83+£349k
20201.32+£324k
20191.10

Derived from filed accounts. Not audited figures.