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Low Price Limited

05241072

active
Private Limited Company
england wales
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

UNIT TG41-43, 1 THE GRANGE, MORDEN, SM4 5PQ
Incorporated 24/09/2004

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 30/06/2025

Due 14/07/2026

On track

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mr Mahomed Erfan Abdul Gaffar

secretary · Since 01/03/2011

Mr Iftikhar Ahmed

director · Since 01/03/2011

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 8 other boards

Persons with Significant Control

Mr Iftikhar Ahmed

Significant control

British · England · Age 58

Unit Tg41-43, 1 The Grange, Central Road, Morden, SM4 5PQ

Notified 01/06/2016

Charges3 outstanding

charge
outstanding

LLOYDS TSB BANK PLC

Created 30/09/2011Registered 04/10/2011
charge
satisfied

LLOYDS TSB BANK PLC

Created 12/07/2011Registered 13/07/2011Satisfied 28/03/2022
charge
outstanding

LLOYDS TSB BANK PLC

Created 26/06/2011Registered 28/06/2011
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 23/05/2008Registered 27/05/2008Satisfied 26/10/2011
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 29/04/2008Registered 02/05/2008

CompanyRankvs 1827+ SIC 47110 peers
65

Financial strength98th percentile among SIC peers · 25/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 12.96× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding 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.

Employees0/15 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

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

£698k

Balance sheet strength

Cash

£122k

Cash in the bank

Net Current Assets

£1.0M

Working capital

Current Assets

£1.1M

Current Liabilities

£88k

Fixed Assets

£3.1M

Debtors

£1.0M

Tax at Year End

Corp tax£44k
VAT£2k

Director Loans

Company owes directors£30k

Balance Sheet

Assets less current liabilities£4.1M
Signed by Mr Iftikhar Ahmed 30/06/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
202412.96+£132k£36k
202319.11+£87k£49k
20225.55+£109k£49k
20213.76+£146k
20203.46+£128k
20193.57+£124k
20182.20

Derived from filed accounts. Not audited figures.