Leather Connection Limited
05003870
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
29/09/2026
Confirmation statement
Last: 13/01/2026
Due 27/01/2027
Industry
Officers
Persons with Significant Control
Mr Mohamed Farooq Munshi
British · England · Age 62
2nd Floor, Clyde Mill, Bolton, BL1 3PA
Notified 01/06/2016
Mrs Shenaz Munshi
British · England · Age 59
2nd Floor, Clyde Mill, Bolton, BL1 3PA
Notified 01/06/2016
CompanyRankvs 15+ SIC 14131 peers90
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
£2.1M
Balance sheet strength
Cash
£883k
Cash in the bank
Net Current Assets
£1.2M
Working capital
Current Assets
£2.1M
Current Liabilities
£527k
Fixed Assets
£1.1M
Debtors
£1.0M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.91 | +£110k |
| 2023 | 3.00 | +£45k |
| 2022 | 3.56 | +£193k |
| 2021 | 1.66 | +£71k |
| 2020 | 12.02 | +£478k |
| 2019 | 2.57 | +£181k |
| 2018 | 2.96 | — |
Derived from filed accounts. Not audited figures.