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Nasco (Uk) Ltd

04937474

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

UNIT K DEAN WAY, SOUTHALL, UB2 4SB
Incorporated 20/10/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46390
Non-specialised wholesale of food, beverages and tobacco

Officers

Sushma Vidani

secretary · Since 21/10/2003

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 68

Mr Ashish Vidani

director · Since 01/10/2004

DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Also on 2 other boards

Mr Suresh Kumar Gopaldas Vidani

director · Since 01/10/2004

DIRECTOR

BRITISH · UNITED KINGDOM · Age 70

Also on 5 other boards

Persons with Significant Control

Nasco Group Limited

75–100% shares
75–100% votes
Appoint directors

Unit K Dean Way, Great Western Industrial Park, Southall, UB2 4SB

Reg: 15236205 · Companies House · Private Company Limited By Shares

Notified 01/03/2024

Former PSCs

Mr Suresh Kumar Gopaldas Vidani

Ceased 27/05/2021

Nasco Holdings Limited

Ceased 17/01/2024

Zuri Holdings Limited

Ceased 01/03/2024

Charges1 outstanding

Charge
satisfied

BARCLAYS BANK PLC

Created 28/05/2020Registered 02/06/2020Satisfied 08/09/2021
Charge
outstanding

BARCLAYS BANK PLC

Created 03/12/2014Registered 20/12/2014
charge
satisfied

BARCLAYS BANK PLC

Created 09/02/2011Registered 16/02/2011Satisfied 18/08/2017
charge
satisfied

BARCLAYS BANK PLC

Created 09/06/2010Registered 12/06/2010Satisfied 18/08/2017
charge
satisfied

BARCLAYS BANK PLC

Created 20/05/2010Registered 02/06/2010Satisfied 05/02/2016

CompanyRankvs 13+ SIC 46390 peers
70

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.63× · 20/20
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 strength25/25 pts

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

Employees15/15 pts

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

Liquidity20/20 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 31/12/2024

Net Worth

£14.2M

Balance sheet strength

Cash

£3.7M

Cash in the bank

Profit Before Tax

£2.0M

Bottom line earnings

Net Current Assets

£10.0M

Working capital

Current Assets

£13.9M

Current Liabilities

£3.8M

Fixed Assets

£4.6M

Debtors

£4.5M

Cost of Sales

£54.5M

Admin Expenses

£3.2M

Profit After Tax

£1.0M

88avg. employees+5

Tax at Year End

Corp tax£274k
Dividends paid£700k

People Costs

Wages & salaries£2.2M

Balance Sheet

Assets less current liabilities£14.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20243.63+£3.3M
20233.54+£950k
20223.76-£342k
20213.71+£1.3M
20202.26+£1.9M
20192.10

Derived from filed accounts. Not audited figures.