L S & L Drapers Limited
04970491
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 07/11/2025
Due 21/11/2026
Industry
Officers
director · Since 22/11/2003
RETAILER
INDIAN · ENGLAND · Age 58
Also on 1 other board
director · Since 20/10/2017
RETAILER
BRITISH · UNITED KINGDOM · Age 58
Also on 1 other board
Persons with Significant Control
Mr Mahesh Maganlal Thakrar
Indian · England · Age 58
103 Belgrave Road, Leicester, LE4 6AS
Notified 01/07/2016
Mrs Kiran Mahesh Thakrar
British · United Kingdom · Age 58
103, Belgrave Road, Leicester, LE4 6AS
Notified 09/04/2025
Charges1 outstanding
HSBC UK BANK PLC
CompanyRankvs 150+ SIC 47710 peers69
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Act 2006. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going
Key FinancialsYear ending 31/03/2025
Net Worth
£653k
Balance sheet strength
Cash
£176k
Cash in the bank
Net Current Assets
£635k
Working capital
Current Assets
£733k
Current Liabilities
£98k
Fixed Assets
£46k
Debtors
£377k
Tax at Year End(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 7.48 | +£62k |
| 2024 | 7.14 | +£54k |
| 2023 | 5.61 | +£98k |
| 2022 | 5.34 | +£118k |
| 2021 | 25.55 | +£26k |
| 2020 | 4.72 | +£68k |
| 2019 | 4.05 | — |
Derived from filed accounts. Not audited figures.