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Leicester Rainbow Carpets Ltd

04692701

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

WATERGATES BUILDING, LEICESTER, LE5 4LE
Incorporated 11/03/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47530
Retail sale of carpets, rugs, wall and floor coverings in specialised stores

Officers

Mr Faisal Issabhai Patel

director · Since 05/07/2006

DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Also on 2 other boards

Mr Imtiaz Issabhai Patel

director · Since 12/01/2022

DIRECTOR

BRITISH · ENGLAND · Age 48

Mr Zuber Mehmud Patel

director · Since 12/01/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Persons with Significant Control

Mr Faisal Issabhai Patel

25–50% shares
25–50% votes

British · United Kingdom · Age 39

23b East Park Road, Leicester, LE5 4QD

Notified 06/04/2016

Mr Imtiaz Issabhai Patel

25–50% shares
25–50% votes

British · England · Age 48

23b, East Park Road, Leicester, LE5 4QD

Notified 01/07/2023

Mr Zuber Mehmud Patel

25–50% shares
25–50% votes

British · England · Age 39

23b, East Park Road, Leicester, LE5 4QD

Notified 01/07/2023

CompanyRankvs 402+ SIC 47530 peers
78

Financial strength86th percentile among SIC peers · 22/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.09× · 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 strength22/25 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

£146k

Balance sheet strength

Cash

£31k

Cash in the bank

Net Current Assets

£8k

Working capital

Current Assets

£91k

Current Liabilities

£83k

Fixed Assets

£143k

Debtors

£1k

10avg. employees

Tax at Year End(2023)

VAT£16k

Director Loans(2023)

Company owes directors£11k

Balance Sheet

Assets less current liabilities£151k
Signed by F I Patel 17th December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20251.09-£6k
20241.08+£36k
20230.44-£74k£315k
20221.53+£9k
20211.51+£23k
20201.15+£12k
20192.54

Derived from filed accounts. Not audited figures.