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M S Upholstery Limited

05274703

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

M S UPHOLSTERY LTD, BLACKBURN, BB2 2BB
Incorporated 01/11/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Fatma Yusuf Seedat

secretary · Since 01/11/2004

BRITISH · Age 75

Yusuf Ahmed Seedat

director · Since 01/11/2004

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 77

Mr Mohamed Yusuf Seedat

director · Since 01/01/2024

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Persons with Significant Control

Yusuf Ahmed Seedat

25–50% shares
25–50% votes

British · United Kingdom · Age 77

2, Rowen Park, Blackburn, BB2 7BE

Notified 28/07/2016

Fatma Yusuf Seedat

25–50% shares
25–50% votes

British · United Kingdom · Age 74

2, Rowen Park, Blackburn, BB2 7BE

Notified 28/07/2016

CompanyRankvs 50902+ SIC 82990 peers
65

Financial strength16th percentile among SIC peers · 4/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.71× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength4/25 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.

Liquidity16/20 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.

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

-£942

Balance sheet strength

Cash

£50k

Cash in the bank

Net Current Assets

£50k

Working capital

Current Assets

£121k

Current Liabilities

£71k

Fixed Assets

£30k

Debtors

£60k

20avg. employees-2

Balance Sheet

Assets less current liabilities£80k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20241.71
20231.81

Derived from filed accounts. Not audited figures.