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Saffron Accessories Limited

05131834

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 5 outstanding charges (-10)

Details

UNIT SU0062, WESTFIELD SHOPPING CENTRE STRATFORD, LONDON, E20 1EJ
Incorporated 18/05/2004

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

27/06/2026

On track

Confirmation statement

Last: 18/05/2025

Due 01/06/2026

On track

Industry

47190
Other retail sale in non-specialised stores

Officers

Mala Nandha-Pala

secretary · Since 18/05/2004

BRITISH

Mr Ajay Kishore Pala

director · Since 18/05/2004

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 1 other board

Persons with Significant Control

Mr Ajay Kishore Pala

25–50% shares

British · England · Age 56

Unit Su0062, Westfield Shopping Centre Stratford, Montfichet Road, London, E20 1EJ

Notified 06/04/2016

Mrs Mala Nandha-Pala

25–50% shares

Swiss · England · Age 53

Unit Su0062, Westfield Shopping Centre Stratford, Montfichet Road, London, E20 1EJ

Notified 06/04/2016

Charges5 outstanding

charge
outstanding

STRATFORD CITY SHOPPING CENTRE (NO.2) NOMINEE A LIMITED AND STRATFORD CITY SHOPPING CENTRE (NO.

Created 20/04/2012Registered 03/05/2012
charge
outstanding

BULL RING NO. 1 LIMITED AND BULL RING NO. 2 LIMITED

Created 06/09/2007Registered 14/09/2007
charge
outstanding

ELRICK LIMITED

Created 14/08/2006Registered 22/08/2006
charge
outstanding

MALL NOMINEE ONE LIMITED AND MALL NOMINEE TWO LIMITED

Created 17/01/2006Registered 18/01/2006
charge
outstanding

WOOD GREEN ONE LIMITED AND WOOD GREEN TWO LIMITED

Created 25/11/2004Registered 16/12/2004

CompanyRankvs 5955+ SIC 47190 peers
51

Financial strength19th percentile among SIC peers · 5/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.1× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Gardiner,Sons & Co.,Limited
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4G. Rutherford & Co. Limited
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5Mid-Sussex Timber Co Limited
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6H.S.Hodgson(Scarborough)Limited
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7H.G. Hannant Limited
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8C.E.Wetherell & Sons Limited
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9Wooda Farm Park Limited
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10Clarke International Limited
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5955Saffron Accessories Limited
61
How is this score calculated?
Financial strength5/25 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/09/2024

Net Worth

-£2k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

£10k

Working capital

Current Assets

£117k

Current Liabilities

£106k

Fixed Assets

£6k

Debtors

£18k

12avg. employees-3

Tax at Year End(2023)

Corp tax£2k
Dividends paid£2k

Balance Sheet

Assets less current liabilities£17k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.10-£18k
20231.34+£4k
20221.54+£268
20211.33+£21k
20200.71-£20k
20190.90-£37k
20181.22—

Derived from filed accounts. Not audited figures.